Nintendo’s is on a fairly run now after the launch of its overnight success Pokemon: GO which has now surpassed every possible figure available to avail success. The company has now taken over in figures the market capital valuation of its Japanese rival Sony. Nintendo has now doubled its valuation after the Pokemon GO launch and has now been valued over $40billion.
It also has created a new record for the Japanese stock exchange by marking the highest number of shares ever traded daily in Japan. The stock doubled its valuation on Tuesday and surpassed the valuation of technology giant Sony, dealing the valuation of over $39billions.
Nintendo market cap has now doubled since the release of Pokemon Go.
Now at over $40 billion. Higher than Sony. pic.twitter.com/y6RlSUO1Jj
— Daniel Ahmad (@ZhugeEX) July 19, 2016
Considering, the game has not launched in many countries officially, it is quite easy to predict the forthcoming success of the game as the fact that countries like India have not still gotten an official launch, but the rising popularity aims clearly towards the fundamentals of a viral game such as Pokemon GO.
