Since Pokemon Go was released, Nintendo has been all up in that money. With a century-record under their belt, it's safe to say the executives at Nintendo were rolling in the dough...that is, until investors realized that Nintendo themselves didn't make Pokemon Go.

The Stock dropped a whopping 18%, resulting in a loss of $6.7 billion market value for Nintendo after their record breaking $4.5 billion surge on Friday. The stock dropped after announcing their 13% "economic stake" for the app itself.

Source

 

[mgrev]

Holy shit did it take long for people to read the Wikipedia page, realize that it was Tsunekazu Ishihara's Idea (Head of the Pokemon Company), realize that there is no splash logo for Nintendo in the app and that nintendo's app plans were excluive towards Dena's 5 apps, one of which is Miitomo.

oh shit i forgot about miitomo lol

 

[Subtle Demise]

As I understand it, that's not the case.
Pokemon is owned by 3 companies: Nintendo, Game Freak, and Creatures Inc., which created "The Pokemon Company" in order to manage the franchise as a whole. Gamefreak is officially a second party, which means it is not owned by Nintendo in any capacity.
But wait, there's more.
Nintendo also has undisclosed levels of ownership to Creatures Inc., the third core company.
But wait, there's more.
Nintendo has the full ownership of the Pokemon logo and the Pokemon names, on top of doing their 32% ownership part by having a dedicated, separate developing team to assist GF (primary mainline game devs) with the games, publishing, and help networking.

"Now" they are licensing the franchise to third parties. Good luck figuring out what Nintendo's final net profit is. My brain exploded just typing this out.

Their taxes must be a bitch

 

[BurningDesire]

I thought investors where suppose to be smart

 

[Inukami]

If these investors made such stupid decisions, they can't be very good.

 

[TotalInsanity4]

Sounds like they should've done some more research before they invested

 

[zoogie]

Their stock is still 30% higher than before pokemon go launch, even accounting for the recent selloff.

Doomed.

 

[TotalInsanity4]

Their stock is still 30% higher than before pokemon go launch, even accounting for the recent selloff.

Doomed.

 

[zoogie]

Mt. Pretty Accurate

Did you not see the right side of the graph leveling off?

 

[TotalInsanity4]

Did you not see the right side of the graph leveling off?

Majestic Mountain does level off on the right hand side. Just not quite as early as the stock graph does. I was just making a visual pun as to how they kind of look similar

 

[zoogie]

Majestic Mountain does level off on the right hand side. Just not quite as early as the stock graph does. I was just making a visual pun as to how they kind of look similar

Ok, fixed that quote

 

[Inukami]

Sounds like they should've done some more research before they invested

yeah... unfortunately a lot of decisions have to be made within seconds when you want to buy/sell or else it i'll be too late.