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Forums - Sony Discussion - Which company is larger?

Grimes on 09 April 2010
RVDondaPC said:
Grimes said:
RVDondaPC said:
Pipedream24 said:

Sony has there first profitable quarter in quite some time and now they make more money than Nintendo...Interesting.  Sony's own 2010 projections still have them showing a net loss for the year.  In terms of Net Revenue, of course Sony is larger.  They sell way more products than Nintendo.  But if it cost you $2 to make $1 or $.50 to make $1...which would you chose.  And it is not fact that Sony is larger than Nintendo, it's how you want to interpret the numbers.  For the investment community purposes, Nintendo is the larger company.  For video game wars, Sony is.  I hope console wars can make you money in the real world.

So by your calculation I am personally a bigger company than Sony because I made a profit last year by working? 

If you made billions more in profits over years and had the potential to continue that trend, I'd say your business was more valuable.

I'm not asking you-who-contains-logic...And it's not MY business, it's ME, an Employee that was paid money to work, and kept some of it at the end of the year. Thus generating a profit. Something Sony did not do last year.... (reference pipedream's post for further understanding)

If your income performance and potential are higher, then you are more valuable.

 



Anyone can guess. It takes no effort to throw out lots of predictions and have some of them be correct. You are not and wiser or better for having your guesses be right. Even a blind man can hit the bullseye.

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waron on 09 April 2010

Nintendo - 8,390bn yen in 2007
Microsoft - about 78mld$ worth in 2009
Sony - 6,540bn yen in 2007(currently 230bn $)

Ninendo is the 2nd biggest japanese company that was only beaten by Toyota while whole sony didn't even make it to top 10 in 2007. remind me if i'm wrong but wasn't sony constantly in the red for the past 2 years while nintendo was making more profit in each quarter than SCE did on ps2 in its 10 year lifespan COMBINED.



PhalanxCO on 09 April 2010

There aren't enough face-palm gifs in the world for this thread.



Huya on 09 April 2010



Pipedream24 on 09 April 2010

@ Rvdondapc 1. Since you are an employee, you can't turn a profit, you earn a wage. 2. I'm not arguing that profits are a way to measure how large a business is. I was just refuting leo-j's blanket statement he made earlier in the thread. 3. My whole argument is that based on how the investment community views the size of a business (Market Cap). Sony is the smallest by this measure. If people diasgree with how the business world perceives the size of a company...I don't know what to tell you. 4. Would you call Berkshire Hathaway a small company?



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Tallgeese101 on 09 April 2010

Is Sonys market cap smaller than Nintendos?

Personally I find that astonishing considering how many pies Sony has its fingers despite its poor performance in recent years.



LordChris915 on 09 April 2010

Sony are bleeding HUGE!

http://en.wikipedia.org/wiki/Sony_Corporation_shareholders_and_subsidiaries



LordChris915 on 09 April 2010
Huya said:

Got the wrong photo there buddy, my Churchill is doing it right :3



LordChris915 on 09 April 2010
waron said:

Nintendo - 8,390bn yen in 2007
Microsoft - about 78mld$ worth in 2009
Sony - 6,540bn yen in 2007(currently 230bn $)

Ninendo is the 2nd biggest japanese company that was only beaten by Toyota while whole sony didn't even make it to top 10 in 2007. remind me if i'm wrong but wasn't sony constantly in the red for the past 2 years while nintendo was making more profit in each quarter than SCE did on ps2 in its 10 year lifespan COMBINED.

That is the case with companies that have large assets, when they lose, the lose big, but they will never go bust and when they start winning again, they win big!

The recession has done alot of damage to Sony, but they expect to take damage, it will be a huge success for Sony if they can take less damage because it means that they will be in a better position when the world economy recovers!

Nintendo are in a much more precarious position because while they are flying high now, their company is very small in terms of assets and is therefore less stable, they could make huge profits one year and huge losses the next!



Tridrakious on 09 April 2010
SpartenOmega117 said:
Another question guys.. Are these companies too big to ever go bankrupt?


No company is ever to big to go bankrupt.

Of course neither company is one bad decision away from going belly up, but if it becomes a habit, then they will.

Microsoft is the biggest company of them all. Then Sony. Then Nintendo.

If Nintendo started branching out as much as either Sony or Microsoft, they wouldn't have as much cash on hand as they do. But even with what they have they still aren't bigger than either.

That doesn't mean that Sony or Microsoft can just buyout Nintendo either.

Anyway. While Sony was struggling in the video game space, they're other departments/branches were rebuilt. Bravia, Vaio, Movies, Music. They were getting stronger. Now all factions of Sony are clicking. How long will it last? Don't know.