SAN FRANCISCO (KRON) – On today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON 4’s Mark Danon talk about Amazon Prime Day, Pokémon Go, and Golden State Warriors’ Andre Iguodala money philosophy summed up by a cracked iPhone.
Winner: Amazon Prime Day is biggest day for the online retailer, ever. So much for concerns of the second Prime Day event didn’t live up to Amazon’s expectations. The online retailer said Wednesday that the self-created holiday was its biggest sales day ever, with worldwide orders rising more than 60 percent compared with the previous Prime Day. In the U.S., orders rose by more than 50%.
Winner: Pokémon Go a financial hit for Nintendo. Pokémon Go has not just turned augmented reality on its ear. The game has revitalized the Nintendo brand name, adding billions of dollars in market value to the gaming company in days. So far, Nintendo, a minority holder in the developer of the game, has been the prime beneficiary. The value of Nintendo shares catapulted $12 billion, to about $30 billion – a prodigious payoff to its slow-evolving mobile gaming strategy – since the game debuted last week.
Winner: Golden State Warriors star Andre Iguodala’s money philosophy summed up by cracked phone. Warriors standout and savvy tech investor, Iguodala, wants to help fellow NBA players hold on to their money and prepare for life after professional basketball.