Mobile is helping The Pokémon Company make tons of money

It’s not every year that a mobile game becomes a genuine global phenomenon — but as I’m sure you all noticed, that’s exactly what Pokémon Go was. For a good few months, Nintendo and Niantic transformed most of the world into wandering cellphone zombies, and now, The Pokémon Company is reaping the benefits. In the previous fiscal year, the house …

You can now transfer your old Pokémon to ‘Sun’ and ‘Moon’

In a move sure to please long-time Pokémon fans, players can now transfer old Pocket Monsters to the latest games in the series, Pokémon Sun and Moon. Updating Pokébank (Nintendo’s subscription-based Pokémon cloud-storage service) gamers are now able to easily send their favourite ‘mon from X and Y straight to Sun and Moon. For the uninitiated, this service offers a …

Pokémon chief says Nintendo’s NX is both handheld and console

The head of The Pokémon Company has let slip that his outfit is working on a pocketable monster title for Nintendo’s NX. Given that TPC is part-owned by the Japanese gaming giant, he’s probably seen the new handheld/console/tablet hybrid up close and personal. The Wall Street Journal quotes Tsunekazu Ishihara as saying that “the NX is trying to change the …

Nintendo’s lack of breakthrough games hit profits hard (update)

Despite Nintendo’s attempts to lower expectations ahead of announcing its financial results, its latest quarterly earnings aren’t good. At all. Net sales are down 31 percent compared to the same quarter last year, down to 62 billion yen ($587 million). Meanwhile, it saw an operating loss of 5.1 billion yen (roughly $48 million). Nintendo managed to sell 220,000 Wii Us, …

Nintendo loses billions in value after ‘Pokemon Go’ truth bomb

Pokemon Go is an unprecedented success, but Nintendo recently admitted it won’t directly profit from the augmented reality game, leading to a loss of $6.7 billion in Nintendo’s market value on Monday. Nintendo’s market value rose by $7.5 billion on July 11th, just after Pokemon Go went public and became an instant, massive hit across the globe. Since its launch, …