Nintendo is worth more than Sony!

[Bodhesatva]

naznatips said:

your mother said:

FishyJoe said:
The best thing to do would be to look up for yourself the reasons to what constitutes a 'valuable' company. The opinions of others can be useful, but only AFTER you have a solid understanding of the fundamentals. Unfortunately, most fanboys have no concept of the fundamentals such as earnings and growth.

That would be the best thing to do if you didn't know, but I seriously want to see why vizunary thinks the article is bovine manure...

Personally, Nintendo as a company is, pound-per-pound a behemoth of a heavyweight. I know very few companies that can generate the profits they do with so few personnel. It's truly staggering.

I completely agree. The billions of profit they have made with what? 3000 employees I believe. That's impressive by any standard. People should just appreciate this and move on, not attack the article, the poster, and the company. It's not the end of the world for Sony by any means.

 I think the problem is that people aren't sure what this indicates.

Historically, Sony has controlled the market with their wallet: they buy up exclusives, lose money on the console at launch, buy up development houses, or pay for development of games from third parties. They do this all the time -- spend spend spend, to make it up later.

Well, a gut reaction might be: "Does this mean that Nintendo can outspend Sony now? Will Sony lose their wallet advantage?" And the answer is no. It's an understandable fear, but Nintendo clearly isn't playing that game in that way, and if they were, they wouldn't be making as much money and they wouldn't be competing with Sony's Market Cap. So please, fear not, Sony fans: Nintendo isn't about to start outspending Sony on development.