Nintendo Market Cap Overtakes Entire Sony Corp. (Pokemon GO!)

mjk45

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mjk45 on 20 July 2016

Nuvendil said:

Slarvax said:

It still has to release in many countries and the most important one (Japan). They could also try to release it in China and Korea, which are the biggest mobile game markets, but right now it's not planned.

So the stocks will take a few more jumps. Safe to say Nintendo shares will be like 1.5x or maybe even 2x more expensive than before PoGo released when everything settles down.

Well my point is that even after it releases everywhere it still won't justify the prices we saw. Nintendo only gets at most some 30% of the revenue from GO, their actual growth is radically disproportionate to the stock growth.

Some analyst's have be saying that you would need half of all humanity playing go to justify the increased stock price ,but then again this isn't the first time or the last , that a rush to get on the band wagon for the next big thing sees a over heating of certain stocks , still it has already dropped around 13% in one day and even if you take into account people profit taking a cooling off appears to be happening.

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Darashiva

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Darashiva on 20 July 2016

mjk45 said:

Darashiva said:
It'll be interesting to see if they can keep the stock price that high once the initial hype on Pokémon Go dies down. Right now just about everyone is playing it, but to be perfectly honest, as the game is now it really doesn't feel like something with long term staying power. They need to bring new stuff to it polish what's already there to keep people playing. Getting the servers fixed would be a good start.

The news feed running on the bottom of the news this morning on TV, reported that Nintendo stock dropped sharply.

More or less what I expected. The app didn't really seem good enough to really carry such a high value, at least not in its current form.

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Jranation on 21 July 2016

Nice one!!!!
Hopefully with Japan release + All the Asian Countries will keep the HYPE going! And I can't wait for the raids/legendary events! It will definetly increase the current users on at the same time again! But I guess they are making sure the Servers can handle it!

Pocky Lover Boy!