Author Topic: Nintendo Surpasses Sony in Market Value  (Read 3320 times)

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Offline WindyMan

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Nintendo Surpasses Sony in Market Value
« on: June 25, 2007, 06:34:05 PM »
Thanks to the Wii and DS, the total value of Nintendo stock is now higher than that of its Japanese rival.
 http://www.nintendoworldreport.com/newsArt.cfm?artid=13706

 Word from Japan is that Nintendo's total market value has surpassed that of Sony.  (Market value refers to the number of total company shares held by all investors times the value of each share, or simply, the sum of all the money invested in a company.)  According to a Bloomberg report, Nintendo's value is 6.57 trillion yen ($53.2 billion), while Sony has a value of 6.48 trillion yen ($52.5 billion).    


Realize that we're talking the companies as a whole, here.  Sony is a company that does business in arenas outside of the game industry, and because of its involvement in consumer electronics it takes in eight times the revenue as Nintendo.  Yet, Nintendo, with its mighty Wii and DS, is now a more valuable company to invest in.    


For the curious, the market value of Microsoft is something in the neighborhood of $282 billion, which is around 5 times that of Sony or Nintendo.

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Offline KDR_11k

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RE: Nintendo Surpasses Sony in Market Value
« Reply #1 on: June 25, 2007, 08:21:14 PM »
BRIEFLY. It was only for a part of the day and went back down at the end so it's not higher now. However it's still impressive for a "small" company like Nintendo to get this close to a giant like Sony.

Offline tiamat1990

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RE: Nintendo Surpasses Sony in Market Value
« Reply #2 on: June 25, 2007, 09:22:55 PM »
Holy ****!!! They are completely owning Sony! Bloody hell...I mean Sony makes laptops, TVs, Consoles and god knows what else and Nintendo, a company that sells two products is totally kicking their ass. Bravo Nintendo!! *cue thunderous applause and standing ovation*

Offline ThePerm

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RE: Nintendo Surpasses Sony in Market Value
« Reply #3 on: June 26, 2007, 05:27:15 AM »
lol, this is great. so does this mean Nintendo is going third party soon?
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Offline pyrokamileon

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RE:Nintendo Surpasses Sony in Market Value
« Reply #4 on: June 26, 2007, 05:57:32 AM »
hehe it sure does, you know there's no way a gaming system without Halo or GTA could possibly do any good!
At some point, I'd think Nintendo fans would get sick of the anticipation and just say "screw it," but Nintendophiles are odd, odd creatures indeed.<BR>—Chris Carle, IGN

Offline NinGurl69 *huggles

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RE: Nintendo Surpasses Sony in Market Value
« Reply #5 on: June 26, 2007, 06:12:57 AM »
IT'S JUST A FAD
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Offline Klapaucius

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RE: Nintendo Surpasses Sony in Market Value
« Reply #6 on: June 26, 2007, 08:58:00 AM »
Wow. We'll have to start finding ways to fit ? (Yen) signs into Nintendo's name...

(well, that sucks. a Yen sign becomes a ? )

Offline NWR_insanolord

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RE: Nintendo Surpasses Sony in Market Value
« Reply #7 on: June 26, 2007, 09:53:12 AM »
Nint-yen-do
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Offline Dirk Temporo

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RE:Nintendo Surpasses Sony in Market Value
« Reply #8 on: June 26, 2007, 09:54:03 AM »
Quote

Originally posted by: KDR_11k
BRIEFLY. It was only for a part of the day and went back down at the end so it's not higher now. However it's still impressive for a "small" company like Nintendo to get this close to a giant like Sony.


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Offline KDR_11k

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RE: Nintendo Surpasses Sony in Market Value
« Reply #9 on: June 27, 2007, 03:03:42 AM »
In the original thread?