Pokémon Go to make billions for Apple with PokéCoins - News Summed Up

Pokémon Go to make billions for Apple with PokéCoins


Pokémon Go had 21 million active users in the United States alone as of July 18 – less than two weeks after going live. A pack of 100 PokéCoins costs 99 cents in Apple’s app store, but the price can go up as much as $99.99 for a pack of 14,500. A pack of 100 PokéCoins costs 99 cents in Apple’s app store A pack of 100 PokéCoins costs 99 cents in Apple’s app storeApple Inc stands to rake in $3 billion in revenue from the Pokémon Go craze in the next one to two years as gamers buy “PokéCoins” from its app store, brokerage Needham & Co said. Pokémon Go, the augmented reality game from Japan’s Nintendo Co Ltd, can be downloaded for free but iPhone users can use PokéCoins to buy additional features. “We believe Apple keeps 30 percent of Pokémon Go’s revenue spent on iOS devices, suggesting upside to earnings,” Needham analyst Laura Martin wrote in a client note on Wednesday.


Source: Indian Express July 21, 2016 05:26 UTC



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