irstupid said:
DaveTheMinion13 said: Well stocks are dependent based on investors "thoughts" and not exactly on how much a thing earns for them.......for example investors thought it would be downloaded 50 million times.....and earn SO MUCH more money off of it....but it's not even coming close. Analyst have sucked all year trying to figure things out....same happened with Pokémon Go. Anaylyst are why things are dropping |
50 million times?
Are they complete idiots. If it was not restricted to IOS only, then that is a fine guess. But being IOS exclusive really shrinks the potential market. You basically upon that announcement cut you potential buyers in 1/4.
They should have done the same ot their "predictions"
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Bolded: iOS store brings in a bit more mony than the Android playstore. Porting the game to Android will double the addressable userbase. You know, the userbase that is actually willing to spend money on Apps. It will not be quadrupled with an Android release, it will be doubled at best.
Investors don't know how many people bought the game, no one does at this point. We have estimates that are about as accurate as vgc numbers. It could be much better, it could be much worse.
The stock rose when PoGo was released because, somehow, people didn't know it wasn't a Nintendo game. The stock was falling even when Mario Super Fun was 1 at the grossing-app in 30 countries, and there was also news of 3DS/Pokemon killing November NPD charts. Nintendo's stock isn't indicative of how well or bad Nintendo & SMR are currently doing.