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Nintendo shares double in price since Pokemon GO release
Pokemon Go has since been released across Europe, Canada and the United Kingdom, with plans to roll out in around 200 countries.
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In doing so, this will create 3000 McDonald’s restaurants instantaneously into Pokémon Gyms, which have already proven to be regular stomping grounds for Pokemon Go players in the past two weels.
“Pokemon Go” appears to have done something its predecessors on Game Boy and Nintendo DS could not – attract a diverse fan base to the Pokemon universe.
TOKYO, July 20 Japan’s Nikkei share average dropped for the first time in seven days on Wednesday morning as Wall Street pulled back, hitting sentiment and triggering profit-taking from the recent gains. This spectacular rise in market value is credited to the limited release of “Pokemon Go” last July 6 on selected markets. However, it is hard for analysts to foresee its future performance.
Pokemon Go has just overtaken Sony, as it continued to boost Nintendo’s market value in a very steep climb towards a surprising finish. The 3D map inside Pokemon Go will be packed with brand logos. Since not all younger generations know what a Walkman is, Nintendo has a bigger edge in the market now, GIXTools reported.
“Suddenly Nintendo has become an AR-related stock”, said a fund manager at a Japanese asset management firm, who declined to be named as he is not allowed to discuss individual shares. After the popularity of the mobile became apparent, Nintendo’s shares skyrocketed. This revolutionary game will open new similar games in the near future.
On the other side, Nintendo’s rival Sony has enjoyed success this year with its PS4 console, while Nintendo’s gaming console Wii U has struggled.
“I think it’s a fun game to play but you’ve got to be aware of your surroundings”, said Max, an avid Pokemon player.
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While there is no official announcement about when “Pokémon Go” will finally be released in Japan, Nikkie has reported that the game will be made available in the country on Thursday.