{"id":25315,"date":"2016-07-22T19:51:56","date_gmt":"2016-07-22T11:51:56","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=25315"},"modified":"2018-08-24T00:06:45","modified_gmt":"2018-08-23T16:06:45","slug":"pokemon-go-is-raking-in-a-ridiculous-amount-of-money","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/pokemon-go-is-raking-in-a-ridiculous-amount-of-money","title":{"rendered":"\u201cPok\u00e9mon Go\u201d Is Raking In A Ridiculous Amount of Money!"},"content":{"rendered":"<p>The Pok\u00e9mon franchise is beloved by children around the world, but it\u2019s certainly no child\u2019s play when it comes to bringing in the big bucks.<\/p>\n<p>Its latest augmented reality game, Pok\u00e9mon Go could bring in an estimated US$3 billion (RM12.2 billion) in revenue for Apple Inc in the next one or two years, brokerage Needham &amp; Co said.<\/p>\n<p>While the game from Japan&#8217;s Nintendo Co Ltd &lt;7974.T&gt;, can be downloaded for free, iPhone users can use PokeCoins to buy additional features.<\/p>\n<p>A pack of 100 PokeCoins costs 99 cents (RM4.02) in Apple&#8217;s app store, but the price can go up as much as $99.99 (RM406.45) for a pack of 14,500. Sales from these PokeCoins will make up a huge bulk of the revenue, the brokerage predicts.<\/p>\n<p>Needham analyst Laura Martin said the brokerage believes that Apple keeps 30% of Pok\u00e9mon Go\u2019s revenue spent on iOS devices, suggesting an upside to earnings.<\/p>\n<p>The hugely popular game had 21 million active users in the United States (US) alone as of July 18 \u2013 less than two weeks after going live.<\/p>\n<p>Pok\u00e9mon Go, which has been rolled out in 35 countries, is also available on Android devices.<\/p>\n<p>Martin said that Pok\u00e9mon Go\u2019s ratio of paid users to total users was 10 times more than that of Candy Crush. The highly-addictive hit game from King Digital generated over US$1 billion (RM4.06 billion) in revenue in both 2013 and 2014.<\/p>\n<p>Users in the US are even spending more time playing the game than they are on Facebook or WhatsApp, according to an app analytics firm Sensor Tower.<\/p>\n<p>Electronics retailers have also seen a bump in sales of mobile chargers and charging cases since the launch of the game.<\/p>\n<p>Earlier this week, Reuters reported that Apple&#8217;s shares had gained 5% in market value, or about US$25 billion (RM101.62 billion), since the launch of the game in the United States on 6 June. Meanwhile, Nintendo&#8217;s stock has nearly doubled.<\/p>\n<p><em>[<\/em><a href=\"http:\/\/www.thestar.com.my\/business\/business-news\/2016\/07\/21\/pokemon-go-seen-making-billions-for-apple\/\" target=\"_blank\" rel=\"nofollow\"><em>Source<\/em><\/a><em>]<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pok\u00e9mon Go, Nintendo\u2019s latest augmented reality game, is raking in some seriously big bucks for Apple Inc.<\/p>\n","protected":false},"author":34,"featured_media":25316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216],"tags":[],"class_list":["post-25315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-updates"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u201cPok\u00e9mon Go\u201d Is Raking In A Ridiculous Amount of Money! | iMoney<\/title>\n<meta name=\"description\" content=\"Pok\u00e9mon Go, Nintendo\u2019s latest augmented reality game, is raking in some seriously big bucks for Apple Inc.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/pokemon-go-is-raking-in-a-ridiculous-amount-of-money\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cPok\u00e9mon Go\u201d Is Raking In A Ridiculous Amount of Money!\" \/>\n<meta property=\"og:description\" content=\"Pok\u00e9mon Go, Nintendo\u2019s latest augmented reality game, is raking in some seriously big bucks for Apple Inc.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/pokemon-go-is-raking-in-a-ridiculous-amount-of-money\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-22T11:51:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-08-23T16:06:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2016\/07\/pokecoins.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Fiona Ho\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pokemon-go-is-raking-in-a-ridiculous-amount-of-money#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pokemon-go-is-raking-in-a-ridiculous-amount-of-money\"},\"author\":{\"name\":\"Fiona Ho\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/1592c99f7b5bcf3b63b35be6d4f94645\"},\"headline\":\"\u201cPok\u00e9mon Go\u201d Is Raking In A Ridiculous Amount of Money!\",\"datePublished\":\"2016-07-22T11:51:56+00:00\",\"dateModified\":\"2018-08-23T16:06:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pokemon-go-is-raking-in-a-ridiculous-amount-of-money\"},\"wordCount\":331,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pokemon-go-is-raking-in-a-ridiculous-amount-of-money#primaryimage\"},\"thumbnailUrl\":\"\\\/articles\\\/wp-content\\\/uploads\\\/2016\\\/07\\\/pokecoins.jpg\",\"articleSection\":[\"News Updates\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pokemon-go-is-raking-in-a-ridiculous-amount-of-money#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pokemon-go-is-raking-in-a-ridiculous-amount-of-money\",\"url\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pokemon-go-is-raking-in-a-ridiculous-amount-of-money\",\"name\":\"\u201cPok\u00e9mon Go\u201d Is Raking In A Ridiculous Amount of Money! 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