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Nintendo Surpasses Sony in Market Value

by Steven Rodriguez - June 25, 2007, 10:34 pm PDT
Total comments: 9 Source: Bloomberg

Thanks to the Wii and DS, the total value of Nintendo stock is now higher than that of its Japanese rival.

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.

Talkback

KDR_11kJune 25, 2007

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.

tiamat1990June 25, 2007

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*

ThePermJune 26, 2007

lol, this is great. so does this mean Nintendo is going third party soon?

pyrokamileonJune 26, 2007

hehe it sure does, you know there's no way a gaming system without Halo or GTA could possibly do any good!

NinGurl69 *hugglesJune 26, 2007

IT'S JUST A FAD

KlapauciusJune 26, 2007

Wow. We'll have to start finding ways to fit ? (Yen) signs into Nintendo's name...

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

Dirk TemporoJune 26, 2007

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.


Where did you hear that?

KDR_11kJune 26, 2007

In the original thread?

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