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McDonald’s Japan Shares Soar On News Of Pokemon Go Tie
The game was launched two weeks ago in the United States, Australia and New Zealand, and is available in more than 20 countries, mostly in Europe and North America. Nintendo referred any queries regarding Pokemon Go to Pokemon Co.
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Pokemon Go is still not out in Japan, despite the fervent wishes of the enormous local Pokemon fanbase and mobile gamer saturation in the franchise’s country of origin. According to Tech Crunch, the same website that originally linked the email, the news of the game’s impending launch in Japan went viral and caused Niantic to worry about a whole new wave of users that would crash Pokemon GO’s already battered and beaten servers.
Whatever the cause for the delay, Pokemon GO players worldwide should prepare for server troubles sooner rather than later.
Investors and analysts are betting the success of the game, available officially in 35 countries and played in many more, will be transformational for Nintendo.
TOKYO (AP) It was another day of disappointment in Japan for fans eagerly awaiting the launch of “Pokemon Go”. Given its 32% stake in The Pokemon Company, plus factoring in Niantic Labs’ stake in the title, and Nintendo’s overall profit from Pokemon Go may not be as much.
Niantic CEO John Hanke told Reuters on Friday the developers were being extra-cautious in Japan, given the level of expectation and sheer number of players. Shares of McDonald’s Japan are up 16 percent this week, lifted by speculation that the chain would be involved in the release of Pokemon. A report that the game would finally be released in Japan on Wednesday raised expectations, but turned out to be false.
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While it has also been reported by electronic retailers that since the launch of game, sales of mobile chargers and charging cases has surged. Let’s not forget that Nintendo’s stock has kept soaring in what could be the high time of the Pokemon Go bubble, it even overtook Sony in the stocks in a steep finishing climb.