Pokemon was always one of Nintendo’s more popular franchises, although safe to say that it is only with Pokemon GO that we are seeing a very positive effect on Nintendo. In fact according to the recent numbers, it seems that the game has proven so popular that Nintendo actually managed to surpass Sony in terms of market value.
As you can see in the graph above, Sony has always been above Nintendo. Both companies experienced their fair share of ups and downs, but Sony has always been on top. However in the past couple of weeks, we can actually see the spike in Nintendo’s market value where it actually exceeded Sony’s and appears to be continuing to climb.
This is thanks to Pokemon GO which has seen Nintendo’s shares to rise more than 86% in their value, adding billions to the company’s market value. It also managed to break Japan’s stock records, and in a way it also helped other companies such as McDonald’s increase in stock price as well.
The only question we have is whether or not this growth can be sustained. We have seen in the past where companies have spiked in value due to the hype around them only to fall on their faces shortly after, but with Pokemon GO having yet to be released in many countries, we expect this growth to continue for a while.
Filed in . Read more about Apps, Nintendo, Pokémon GO and Sony.