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Nintendo Posts First-Quarter Loss, Delays Launch Of Accessory For Pokemon Go

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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A man uses a mobile phone in front of an advertisement board bearing the image of Pokemon Go at an electronic shop in TokyoJapan's Nintendo Co Ltd booked a quarterly operating loss on a sharply stronger yen and delayed the launch of an accessory for Pokemon GO, but hopes for long-term growth are running high on the mobile game's success. First rolled out only three weeks ago, the game which has players walking around real life neighborhoods to catch and train Pokemon, has taken the world by storm, driving up Nintendo's market value by 50 percent. While analysts have been upbeat about prospects for Nintendo to make money off the game - how much it will be able to do so is unclear.




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