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Nintendo shares soar as Pokémon Go reaches number one in the app charts

By midian182
Jul 8, 2016
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  1. Things weren’t looking too good for Nintendo at the start of the year. The company announced that profits were down in 2015 compared to the year before, and sales of both the Wii U and 3DS had declined during the Christmas period. But now the Japanese firm is enjoying some good times, all thanks to Pokémon Go.

    The augmented reality game that requires players to hunt down and capture Pokémon in real world environments is proving to be a huge hit. It’s already become the number one Free and Top Grossing application in Apple's US app store.

    Thanks to its microtransactions – the most expensive of which is $99.99 - and the optional $35 Pokémon Go Plus accessory, the game is currently making more money ($1.6 million) than heavy hitters such as Mobile Strike, Game of War, and Candy Crush Saga.

    The big question will be whether players stick around. Miitomo, Nintendo’s first mobile game, was hugely successful when first launched, but people quickly became bored and many users abandoned it. However, Pokémon Go does have the advantage of an already established fanbase, and it's a much more engaging game than Miitomo, which is more of a social/communications app.

    Darwin Police Station in northern Australia recently put out warning on its Facebook page stating that while it did feature as a Pokéstop, people didn’t need to enter the station to get the Pokéballs. The message also warned players to look away from their phones when crossing the street.

    News of the game’s success caused Nintendo’s shares to rise 10 percent to their highest level in two months, giving the company a market value of around $23 billion.

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  2. stewi0001

    stewi0001 TS Evangelist Posts: 1,183   +528

    Sadly I still feel like the app is lacking. All I can do, so far is walk around and throw Pokeballs at Pokemon that I find. You can't train or goof around with your currently caught Pokemon. And you can't battle wild Pokemon.

    At this rate, I believe it will just be a fad but it won't fade as quickly as Miitomo. That is assuming that they do not make any changes to the game.
     
  3. Panda218

    Panda218 TS Maniac Posts: 288   +105

    I completely agree! There was a Gym near my work so I walked over to try out the battle mechanics, unfortunately it feels more like a clicker game than Pokemon... I guess they're going to add PVP and trading in the future, but I don't think it'll hold anyone's attention very long.
     
    stewi0001 likes this.
  4. davislane1

    davislane1 TS Evangelist Posts: 3,555   +2,361

    It would be really cool if they updated the app so that different pokemon appeared in different georgaphic areas, with the most powerful pokemon appearing only in the most dangerous parts of town. Maximum immersion.
     
    SalaSSin and stewi0001 like this.
  5. Kibaruk

    Kibaruk TechSpot Paladin Posts: 2,511   +503

    Pokemon Go is as much of a Pokemon game as it has Pokemons... and that's about it.

    It doesn't have battles, besides against the AI in a Gym where you actually click it until someone dies, you cant fight against other people, nor even wild pokemon.

    That's it. It's a re skinned ingress game with pokemons, instead of portals you get pokestops and one ever couple of blocks became a gym where you can leave one pokemon to "defend" it.

    I seriously can't believe Nintendo let them release this piece of something they are calling game, it's not fun, it's not pokemon, it doesn't even look like what they were selling on the trailers... AT ALL. What's more baffling is that people are actually spending money on it, a freaking shame.
     
  6. Evernessince

    Evernessince TS Evangelist Posts: 1,194   +585

    That's a lawsuit incoming. Hey, go behind that back-ally in the worst neighborhood in the bronx to catch legendary Zapdos.
     
    stewi0001 likes this.
  7. davislane1

    davislane1 TS Evangelist Posts: 3,555   +2,361

    Bring friends. That's what Ash did. Duh!
     
  8. stewi0001

    stewi0001 TS Evangelist Posts: 1,183   +528

    yea, so they'll rape Misty instead... great plan... XD
     
    davislane1 and Panda218 like this.
  9. cartera

    cartera TS Addict Posts: 296   +78

    The game sounds very similar to Ingress which is owned by google. Congrats to Nintendo tbh, they have been scraping the barrel for a while now.
     
  10. namesrejected

    namesrejected TS Booster Posts: 100   +48

    Or, Pikachu could only be found in a substation, or powerplant!
     
    stewi0001 likes this.
  11. Puiu

    Puiu TS Evangelist Posts: 1,904   +529

    What I got from the video is that you have to be an active and very good looking young person to play this game :D
     
  12. namesrejected

    namesrejected TS Booster Posts: 100   +48

    Well, I guess I can't play it then :'(
     
    Puiu likes this.

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