Launched in 2016, “Pokemon Go” is one of the best games downloaded in its first year, storming the world. The game breaks records again after four years.
What happened: “Pokemon Go” has grossed $ 4.2 billion worldwide since its inception, According to IGN.
By 2020, the game has grossed more than $ 1 billion so far, making it the best year for the game in terms of revenue. Earnings for the game are up 11% in 2019, two months from now, and 30% a year in the first 10 months of the year.
This game is the third largest revenue generating mobile game behind “PUBG Mobile” and “Honor of Kings” from which two mobile games Tencent Holdings (Pink: TCEHY).
Related Link: Pokemon Card $ 375k Registration Box Fake: Buyer Learned Here
Good news for Nintendo: The success of Pokemon Go may have been a catalyst Nintendo Co. (Pink: NTDOY).
Nintendo owns 33% of The Pokemon. The creator of the Nintendo “Pokemon Go” game is also an investor in Niantic, which also considers Pokemon to be an investor.
Also watching “Pokemon Go” More integration A game for the Nintendo Switch with “Pokemon Sword and Shield”. Nintendo introduces downloadable content for the game this year and saw strong digital sales.
Good news for phone companies: The success of Pokemon Go and its increased monetization in 2020 is good news Characters Inc. (Nasdaq: GOOG) (Nasdaq: GOOGL) unit Google and Apple Inc. (Nasdaq: AAPL).
Revenue from “Pokemon Go” on Google Play has been $ 2.2 billion since the game was launched. Total 9 1.9 billion on Apple devices. Both companies collect a portion of the proceeds from sports purchases.
Niantic is a former alphabet company. Google holds a small stake in the company.
NTDOY Pricing Action: Shares of Nintendo rose 7% to $ 73.55 on Thursday. Shares hit a new 52-week high after reporting quarterly earnings.
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Edward Langley is a contributor to Nintendo-power.com, covering a wide range of topics including news, business, technology, entertainment, lifestyle and current affairs. He focuses on delivering clear, balanced and accessible reporting that helps readers stay informed about important developments and emerging trends. With an emphasis on accuracy, relevance and useful insights, Edward aims to provide engaging stories and practical information that matter to audiences in the UK and beyond.