Nintendo Bets On Super Mario Game For IPhone

TOKYO, (UrduPoint / Pakistan Point News -8th Sept,2016) - Nintendo's tie-up with Apple on a Super Mario app for iPhone is more proof the console-maker could score big in mobile gaming, analysts said Thursday, as its stock skyrocketed on the news.

The deal, announced in the United States Wednesday, will see "Super Mario Run" available exclusively for the Apple smartphone from later this year and follows Nintendo's huge hit with the Pokemon Go app this summer.

Investors cheered the deal as they pushed the Tokyo-listed stock up 18 percent in early trade before it finished at 27,955 Yen ($275), up 13.2 percent. Nintendo shares have been on a tear since the July release of Pokemon Go -- making the company more valuable than Sony at one stage -- as markets embraced the game as vindication for its long-awaited move into mobile gaming.