Pokémon Go Debuts in France and Hong Kong as Nintendo Shares Dive

[MacRumors]

Nintendo shares took a beating on Monday after the company released a statement saying Pokémon Go would have limited impact on its quarterly earnings since it only owns 32 percent of the Pokémon Company, which has the licensing rights to the game.

The announcement by Nintendo appeared to take investors by surprise and had an immediate impact on its share price, with stock dropping 17 percent at one point, wiping around $6.4 billion off their value - their biggest decline since October 1990.

The news poured cold water on hopes of a stunning revival for the Kyoto-based game company, which said its earnings outlook would not be revised. Nintendo is due to reveal its Q1 report later this week.

Some observers remained optimistic however, noting that shares were still up some 60 percent compared with levels prior to the game's July 6 launch, adding nearly $12 billion in market value. They argued upward revisions of the company's profit targets so early after the game's release were beyond reasonable expectations.

"The market has overreacted to the Nintendo statement," said David Gibson, a senior analyst at Macquarie Securities Group who spoke to Reuters. Gibson noted the game in Japan had broken records with 10 million downloads in one day.

"I believe that Pokémon Go will be material in the company's earnings given the current trends for the game."

Global rollout of the game continued over the weekend, with Pokémon Go launching in App Stores in France and Hong Kong - the first Asian location outside Japan to gain access to the wildly successful title by U.S.-based developers Niantic.

CEO of Niantic John Hanke took to the stage Sunday at Comic-Con, where he revealed the new features coming to the game in the coming years, including new pokémon and a trading feature that will allow players to trade captured characters.

Niantic also revealed team leaders for Team Mystic, Team Valor, and Team Instinct, with each trainer set to communicate with players within the game world and offer them advice. Hanke promised fans the leaders would be making their way to the game soon.

Article Link: Pokémon Go Debuts in France and Hong Kong as Nintendo Shares Dive

 

[rudychidiac]

Pokemon trading woohoo

 

[thekeyring]

The game shows Nintendo can be successful on iOS/Android with minimal advertising. Imagine a Super Mario Bros game for 0.99 on the App Store ... If it is one tenth as successful as Pokemon Go it will generate an insane amount of revenue.

 

[Keane16]

The game shows Nintendo can be successful on iOS/Android with minimal advertising. Imagine a Super Mario Bros game for 0.99 on the App Store ... If it is one tenth as successful as Pokemon Go it will generate an insane amount of revenue.

I'd be happy with a bunch of remakes too.

As much as I like the NES Classic Edition coming soon, I don't really want another box to plug into the TV. Release the games, charge a premium and enable Apple TV support. I'd snap them up.

 

[iSRS]

The game shows Nintendo can be successful on iOS/Android with minimal advertising. Imagine a Super Mario Bros game for 0.99 on the App Store ... If it is one tenth as successful as Pokemon Go it will generate an insane amount of revenue.

If this is the reason for the stock jump, then it makes sense. If it is just because of the popularity of this game, it makes no sense. It's a free game. Yes, it is also top grossing, ahead of Mobile Strike,HBO Now, Game of War and Spotify.

However, I do not want to see 99¢ Mario games. I want to see full versions, no IAPs, and sell for $29.99-$39.99. I know these would be immensely popular.

 

[vooke]

Hubris has a short shelf life.
Nintendo owns about 13% of Pokemon Go 'economic value'

http://www.bloomberg.com/news/artic...unge-after-saying-pokemon-go-s-impact-limited
The correction comes after Pokemon Go’s release almost doubled Nintendo’s stock through Friday’s close, adding $17.6 billion in market capitalization. Nintendo is a shareholder in the game’s developer Niantic Inc. and Pokemon Co., but has an "effective economic stake" of just 13 percent in the app, according to an estimate by Macquarie Securities analyst David Gibson.

 

[iOSFangirl6001]

Cue the "Nintendo is doomed" crowd once the entire internet sees this

Pokemon trading woohoo

My thoughts exactly lol

 

[acctman]

The game shows Nintendo can be successful on iOS/Android with minimal advertising. Imagine a Super Mario Bros game for 0.99 on the App Store ... If it is one tenth as successful as Pokemon Go it will generate an insane amount of revenue.

To bad Nintendo had zero to do with the creation of Pokemon Go, everyone just assumed Nintendo was behind it.

 

[goodcow]

The game shows Nintendo can be successful on iOS/Android with minimal advertising. Imagine a Super Mario Bros game for 0.99 on the App Store ... If it is one tenth as successful as Pokemon Go it will generate an insane amount of revenue.

Playing any of Nintendo's platformers on a touch screen is going to be a terrible experience.

 

[thisisnotmyname]

Playing any of Nintendo's platformers on a touch screen is going to be a terrible experience.

but Apple TV support with the revisions to controller requirements would be very nice.

 

[tyfighter76]

The game shows Nintendo can be successful on iOS/Android with minimal advertising. Imagine a Super Mario Bros game for 0.99 on the App Store ... If it is one tenth as successful as Pokemon Go it will generate an insane amount of revenue.

.99 cents my mushroom. If they sold Super Mario for $20 people would buy it still. Nintendo would make billions.

 

[thekeyring]

Playing any of Nintendo's platformers on a touch screen is going to be a terrible experience.

I didn't mean a port, I was just suggesting that their stock price has jumped because it shows they're still relevant and could release a popular (and and profitable) game - they wouldn't have trouble selling a SMB game that was built for the iPhone.

 

[brownpaw]

I didn't mean a port, I was just suggesting that their stock price has jumped because it shows they're still relevant and could release a popular (and and profitable) game - they wouldn't have trouble selling a SMB game that was built for the iPhone.

I don't know if it would be very good. Touchscreen controls for platformers are awful. Until iPhone controllers become more ubiquitous and cheaper, or Apple opens up the Bluetooth stack to any BT controller, I don't think it would be an enjoyable experience to have a classic-style Mario game.

Of course other things could work well. Imagine some iteration of Mario Party or something.

 

[thekeyring]

I don't know if it would be very good. Touchscreen controls for platformers are awful. Until iPhone controllers become more ubiquitous and cheaper, or Apple opens up the Bluetooth stack to any BT controller, I don't think it would be an enjoyable experience to have a classic-style Mario game.

Of course other things could work well. Imagine some iteration of Mario Party or something.

Again: something built for the smartphone, not just a platform game with touchscreen buttons/gestures, not a 'classic style' Mario game.

 

[CarlJ]

Hubris has a short shelf life.
Nintendo owns about 13% of Pokemon Go 'economic value'

How does hubris enter into it? What I saw was tens of thousands of eager, stupid, investors racing to grab Nintendo stock in the mistaken belief that they were the sole force behind the game. I don't recall Nintendo crowing about, say, "this amazing thing we singlehandedly created."

I've seen some otherwise fairly astute industry observers waxing poetically along the lines of, "[Pokémon Go] is perfectly native to the phone. Nintendo is the perfect company to take the features and limitations of phones and redefine what mobile games can be," ignorant of the fact that the game is an evolution of Niantic's Ingress codebase, which Nintendo had zero involvement with (that is, much of the game is a re-skin of Ingress, surely Nintendo supplied the artwork for the characters, and the through-the-camera mini game is new, so perhaps both were involved with that).

Cue the "Nintendo is doomed" crowd once the entire internet sees this

Around here, one would expect "Nintendo stock drops" will translate to "Apple is doomed."

 

[Porco]

Share prices Pokémon Go up, share prices Pokémon Go down.

32% or 13% of *a lot* is still better than 100% of nothing.

 

[Mactendo]

People who ask Nintendo to release cult games to iOS don't understand that it will hurt Nintendo's hardware business. I don't want that to happen. What they should do is to release new advanced games on iOS taking full advantage of the smartphone platform just like Pokemon Go. And keep making great "classic" games for Wii/3DS and whatever hardware they will release in the future. This way they'll keep their current market and business and also conquer new ones.

 

[username:]

How does hubris enter into it? What I saw was tens of thousands of eager, stupid, investors racing to grab Nintendo stock in the mistaken belief that they were the sole force behind the game. I don't recall Nintendo crowing about, say, "this amazing thing we singlehandedly created."

I've seen some otherwise fairly astute industry observers waxing poetically along the lines of, "[Pokémon Go] is perfectly native to the phone. Nintendo is the perfect company to take the features and limitations of phones and redefine what mobile games can be," ignorant of the fact that the game is an evolution of Niantic's Ingress codebase, which Nintendo had zero involvement with (that is, much of the game is a re-skin of Ingress, surely Nintendo supplied the artwork for the characters, and the thorough-the-camera mini game is new, so perhaps both were involved with that).

Around here, one would expect "Nintendo stock drops" will translate to "Apple is doomed."

Right? Stupid investors, no fault by Nintendo. Their stake in Pokemon is public knowledge, that announcement should not have come as a surprise to any investors.

 

[d00d]

People who ask Nintendo to release cult games to iOS don't understand that it will hurt Nintendo's hardware business.

You would think Apple fans, out of everyone, would understand that.

 

[iOSFangirl6001]

How does hubris enter into it? What I saw was tens of thousands of eager, stupid, investors racing to grab Nintendo stock in the mistaken belief that they were the sole force behind the game. I don't recall Nintendo crowing about, say, "this amazing thing we singlehandedly created."

I've seen some otherwise fairly astute industry observers waxing poetically along the lines of, "[Pokémon Go] is perfectly native to the phone. Nintendo is the perfect company to take the features and limitations of phones and redefine what mobile games can be," ignorant of the fact that the game is an evolution of Niantic's Ingress codebase, which Nintendo had zero involvement with (that is, much of the game is a re-skin of Ingress, surely Nintendo supplied the artwork for the characters, and the through-the-camera mini game is new, so perhaps both were involved with that).

Around here, one would expect "Nintendo stock drops" will translate to "Apple is doomed."

Ah but combine the "Nintendo is doomed" crowd with the "Apple is doomed" crowd and the internet ( or at least the MR site ) 'might just implode