Monday, 25 July 2016

Nintendo forecasts little profit from Pokemon GO, stocks drop

Neither Niantic nor The Pokemon Company are public traded companies, but Nintendo, which has stakes in both companies, is one. The co-developers of the highly popular Pokemon GO mobile game pay licensing fees to Nintendo. That said, even with loads of in-app purchases, it appears that most of the revenue will come to The Pokemon Company, not Nintendo.That’s what the Kyoto-based videogames company stated in an investors’ note today.“Because of this accounting scheme, the income reflected on ...

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The post Nintendo forecasts little profit from Pokemon GO, stocks drop appeared first on Pocketnow.



from Pocketnow http://pocketnow.com/2016/07/25/nintendo-forecasts-pokemon-go-revenue

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