Shares in Nintendo has spiked 8 percent today due to the success of the company’s first foray into the world of smartphone gaming. The social application Miitomo was downloaded one million times in three days and topped both the iOS and Android App Stores in Japan. Those of us in the west will be getting Miitomo later this month.
“Just imagine what a Nintendo game could do for this company,” Serkan Toto, chief executive of game industry consultancy Kantan Games, told CNBC by phone.
“If these guys launch a full Mario mobile game with half decent monetization techniques then I think Nintendo can have multiple times that number of users they reached with Miitomo.”
“Toto added that this app had little marketing but still managed to get a big user figure, laying a good base for Nintendo’s future mobile titles.”