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Pokémon GO is much bigger than Nintendo— here's why

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Japanese gaming giant Nintendo has seen its stock (NTDOY) shoot up 57% in the past five days and its market cap grow by nearly $10 billion, and it’s all because of one thing: Pokémon GO. It’s a big win for a 120-year-old gaming company that has been widely criticized in recent years as irrelevant. But Pokémon GO’s success has major implications beyond Nintendo. If you’ve somehow missed the news of this viral smash hit, Pokémon GO is a new mobile game that uses augmented-reality to project animal characters onto the real world and help you hunt and catch them. The smash-hit Star Wars BB-8 toy, released by Sphero last holiday season, uses similar augmented reality in its app to display video...

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