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Nintendo shares are up 120% (!!!) thanks to Pokemon Go
The game was due out yesterday (July 19), but its release was postponed after the launch date was leaked so widely that Nintendo feared users would crash its servers.
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McDonald’s Japan has been giving out Pokémon toys with its Happy Meals in the run up the the Pokémon GO launch.
Nintendo stock closed down 4.07% to $35.85 on Tuesday, but is up 107.77% for the year so far on Pokemon Go’s popularity.
Latest reports today indicate that a global release for the game is imminent over the next few days though the Japan delay does make you wonder if this is possible.
This information, which was provided to TechCrunch by anonymous sources, comes just a day after Niantic said it was waiting on the game’s Japanese launch until it could guarantee Pokemon GO’s server stability in the area.
Fasol pointed out that the last time Sony had a hit comparable to “Pokemon Go” was when they created the Walkman.
Pokemon Go is an augmented reality app, played on smartphones, that tracks a player’s movements on a map filled with “pocket monsters”, or Pokemon, encouraging players to explore the world around them in order to catch the rare critters. The DTI SIM no count is on sale now and activates once Niantic launches the Pokemon Go app in Japan.
“Nintendo shares need a break, too”.
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. Pokemon GO fans should expect the issue on August 1 as the hacker collective openly claims to attack a DDoS, Naked Security reported.
However, the wait might not be that long – Nikkei is reporting that the game could be available in Japan as soon as Thursday.
Nintendo had struggled as the shift to mobile gaming ate into its handheld game console business.
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“Pokémon Go”, which is now available in over 30 countries, including the U.S., Canada and much of Europe, was expected to be released in Japan on Wednesday.