One Mobile Game Made Nintendo More Valuable Than Sony

in niantic •  8 years ago 

Niantic’s new mobile phenomenon Pokémon GO launched less than two weeks ago, but it has already pushed Nintendo’s market value past Sony’s.Tuesday afternoon in Tokyo was a big day for Nintendo. The Kyoto-based video game maker witnessed its value eclipse that of industry giant Sony, ending the day with a $39.9 billion dollar market cap — about $1.5 billion more than Sony’s, according to Bloomberg.Pokémon is finally mainstream again,” said Benjamin Aquino, a long-time Pokémon fan and Nintendo News reader. “The hook of [Pokémon GO] is the same as the series’ main games: ‘Gotta catch ’em all’. As a collector, this really appeals to me, and the Pokémon gyms cater to my competitive nature.”

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