Pokemon Go rakes in $1 billion worldwide in 7 months since launch

With Niantic still has 5 months to go from the one year anniversary of Pokemon GO, it can surpass this with additional updates and the anticipated Generation 2 Pokemon game launch.

Children play "Pokemon Go" on a smartphone at Plaza Mayor in Lima, capital of Peru, on Aug. 7, 2016. Photo: IANS

Pokemon Go, a mobile game that uses augmented reality (AR), in seven months since launch has garnered over $1 billion in gross revenue worldwide.

Pokemon Go's daily revenues although have diminished since late July, a Sensor Tower report said.

While it grossed more than $18 million in one day in July, it has now dropped to $1.5 million to $2.5 million per day more recently.

Source: SensorTower

However, the game has still sparked consumer spending through limited-time events such as its Halloween bash.

With Niantic still has 5 months to go from the one year anniversary of Pokemon GO, it can surpass this with additional updates and the anticipated Generation 2 Pokemon game launch.
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Another popular game Supercell's Clash Royale, in comparison, is nearing $1 billion in in-app buys by players. The game was released 10 months ago. In the first seven months the game managed to gross approximately $550 million worldwide, according to the report.