Thanks to Pokemon Go, Nintendo is now worth more than Sony

Tech in Asia writer Kylee finds Pokemon on her couch.

Nintendo’s stock price has exploded since Pokemon Go was launched earlier this month. After more than doubling in value thanks to the smash-hit game, Nintendo moments ago surpassed Sony in value.

At close of Tuesday trading in Tokyo, Nintendo is now valued at US$42.45 billion while Sony, maker of the popular PlayStation console, is at US$38.59 billion.

See more on Pokemon Go:

• Why China is probably never getting Pokemon Go
• The top game in China right now is a Pokemon Go clone
• Pokemon Go still isn’t out in Japan – and it’s driving people crazy
• Pokemon Go launches in 26 more countries – but Asia gets no love
• 5 things I don’t get about Pokemon Go

Converted from Japanese yen. Rate: US$1 = JPY 105.99.