Nintendo shares fell 17.7 percent after it confirmed the success of Pokémon Go would not necessarily translate into profits for the publisher.
"Taking the current situation into consideration, the company is not modifying the consolidated financial forecast for now," Nintendo stated in a stock filing (via BBC News).
Since Pokémon Go’s release earlier this month, Nintendo’s profits have more than doubled in value. However, as the mobile game was developed by Niantic under license from Nintendo, the publisher has acknowledged profits will not materially change.
Source: IGN Video Games
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