Pokemon Go's huge boost to Nintendo sharesTVNZ Pokemon GO fans abandon cars, flood New York's Central Park in search of a rare Pokemon. Supplied Nintendo's share price jump only makes sense if the app is downloaded by every second person on the planet. Nintendo's share price went berserk in the week following the release of Pokémon Go. The game's revenue comes from in-app purchases of various credits that help users build strength, develop their Pokemon, and beat other players. This is despite Nintendo owning just 33 per cent of the Pokemon Company and an estimated 5-10 per cent stake in the game's developer, Niantic.

Source: Stuff July 17, 2016 23:26 UTC