Nintendo Is Now Worth More Than Sony Because Of Pokemon GO

It’s a rally that will surely subside over the coming weeks and months, but if you needed any indication of just how much Pokemon GO has changed things, this one graph will do it.

It comes courtesy of Bloomberg, who quietly noted this morning the small fact that Nintendo is now worth more than Sony.


 
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Almost $US20 billion. That’s how much Pokemon GO mania has added to Nintendo’s stock price. It’s almost doubled the value of the company, and it’s made it worth more than Sony.

Pokemon GO still hasn’t been released in Japan. Nobody knows what’s happening with the NX — although that could undoubtedly temper things somewhat. And Nintendo, as it always does, will get a boost later this year when Pokemon Sun and Moon hits store shelves.

Insane. And the game doesn’t even work properly half the time.


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