It would appear that The Pokemon Company does contribute material earnings to Nintendo - despite being an equity affiliate. This would have a material impact in relation to the success seen with 'Pokemon Go' to date.
www.quora.com
Nintendo revealed in a press release that “the game’s financial impact will be ‘limited’ and that it doesn’t expect to revise its annual forecast higher based on ‘current conditions,’” according to Bloomberg.
7974 line in sand for the bulls 19020
What a screaming run off all the Pokemon GO madness. It could keep hurtling up and soar past 2015s high ... or that previous high could provide resistance and we see a tidy correction. Worth keeping an eye on tomorrow.
I suspect that the mobile game will be very successful especially in Asia. It is very successful now in US, Australia and New Zealand. It seems that the game craze will last according to my presumption up to 1 month. There could be some extra positive movements.
I think we have a nice opportunity in Nintendo, specially if we opt for going long the yen denominated stock, since we'd gain exposure to the Yen, which I see as a good idea in any portfolio. The OTC market stock is poised to rally as well, to the order of 95% or so, with 20% downside risk in it based on the monthly setup on chart. If trading the TSE stock, you...
