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Pokemon helps Nintendo pocket profits

Jan. 31, 2017 4:47 AM ETNintendo Co., Ltd. (NTDOY) StockNTDOY, NTDOFBy: Yoel Minkoff, SA News Editor20 Comments
  • Nintendo (OTCPK:NTDOY) only takes a fraction of revenue from Pokemon Go, but its popularity has boosted its own Pokemon games as evidenced by the company's latest results.
  • Nintendo's profit for October-December reached ¥64.7B ($569M) from ¥29.1B a year earlier, returning the videogames maker to the black following a loss last quarter, and raising expected profits for its upcoming annual report.

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