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naznatips on 27 June 2007
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your mother said:
vizunary said:
FishyJoe said:
http://www.reuters.com/article/businessNews/idUSTKV00351520070625

Sun Jun 24, 2007 8:47PM EDT

TOKYO (Reuters) - Nintendo Co Ltd zipped past Sony Corp. in market value on Monday and became one of Japan's top 10 issues for the first time ever as it elbowed the PlayStation maker out of its decade-long dominance in the game industry.

Nintendo's Wii has outsold Sony's PlayStation 3 game console by three to one in Japan and by more than two to one in the United States so far this year, according to game magazine publisher Enterbrain and research firm NPD.

Demand for its DS handheld game players also far outstripped that for Sony's PlayStation Portable. Shares in Nintendo were up 1.9 percent at 46,300 yen in early trade, boosting its market value to 6.56 trillion yen ($53 billion), while Sony fell 0.9 percent to 6,490 yen, or 6.51 trillion yen in market capitalization.

This entire thread is bullshit. You actually WANT to believe that the Nintendo Corp. is worth more than Sony Corp. and it's subsidiaries??? Post each company's total assets, then we'll talk. Your thread title is completely misleading. If somebody can prove it, then I'll be impressed.....BTW don't forget to include Sony Music and Sony's movie division ;)

Hey vizunary, you're by confession a banker (but not of the "wanker" kind - haha) - why not shed some light into this? You should have a fairly good understanding of how markets work - at least better than the average poster here.

I'd be really interested if you could substantiate your statement. Not that I don't believe you, but it would be nice to see how you perceive it.

 


... why would you believe him?  Bod added 4 links to the initial link stating the exact same thing.  Just cause you have thousands of products doesn't mean you do a good job of selling them at reasonable profits.  For example:  There is only 1 iPod, but it's stock value is a hell of a lot higher than all of Sony's MP3 players, speakers, etc.  Lots of products doesn't make you an efficient or even a successful company.  Are we really arguing that this is fake still?  Are we going to completely deny fact now because it serves our fanboy ideals?  Why are you even ON a video game sales site if you refuse to believe facts?  These questions are directed at the general mass of fanboy denial your mother, not really at you.  Why does it matter to people so much if their company is number 1?  Are you that insecure with your purchase that the only way you can justify it is if it "wins?"