Pokémon Go failed to stop gaming company Nintendo from issuing a profit warning.
Profits are expected to be £235m third lower than expected with the previous predictions of £353m.
Pokémon Go generated a record first month sales of £163m (seven times more than Candy Crush). However sales fell 33 per cent to £1.1m in the six months to the end of September.
Despite this and a strong Japanese yen coupled with poor demand for its Wii U hit Nintendo's profits.
Amazingly Nintendo don't own Pokémon Go they only have a 13 per cent stake. US firm Niantic owns the majority share.
The Wii U was launched in 2012 and next years launch of the Nintendo Switch the handheld that doubles as a home console may help Nintendo's finances in 2017.
Nintendo will make a major announcement with more details of the Nintendo Switch in January 2017. we already know that the latest Zelda game (Legend of Zelda: Breath of Wind) looks great on the Switch and Nintendo hope this will boost demand for the new system.
Profits are expected to be £235m third lower than expected with the previous predictions of £353m.
Pokémon Go generated a record first month sales of £163m (seven times more than Candy Crush). However sales fell 33 per cent to £1.1m in the six months to the end of September.
Despite this and a strong Japanese yen coupled with poor demand for its Wii U hit Nintendo's profits.
Amazingly Nintendo don't own Pokémon Go they only have a 13 per cent stake. US firm Niantic owns the majority share.
The Wii U was launched in 2012 and next years launch of the Nintendo Switch the handheld that doubles as a home console may help Nintendo's finances in 2017.
Nintendo will make a major announcement with more details of the Nintendo Switch in January 2017. we already know that the latest Zelda game (Legend of Zelda: Breath of Wind) looks great on the Switch and Nintendo hope this will boost demand for the new system.