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Locked: Nintendo is worth more than Sony!

Forums - Nintendo Discussion - Nintendo is worth more than Sony!

The only problem with market cap as 'value of a company' is when silly things happen on the market like a company gaining 300% of it's value in under a month and then promptly losing all of that a month or so later.

Personally I don't buy it. Market Cap is just what 'the fools want to give for it' (to paraphrase a Dutch proverb) and is way to fickle for an actual display of the value of a company in monetary terms.

I'll grant you you'd need that much money to buy 100% of the company from the investors (more or less anyway) but please realize that the market cap is not even money or assets in the hands of the company itself, nor are low/high shares particularly required for a company to operate. (only time it really becomes relevant is when they give out new shares which usually does not happen all that often)



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The ideas of people unwilling to believe their hero Sony has fallen are very problematic on this forum. If a link is provided and facts too, why is there need for discussion further more?



End of 2007 Predictions:

Wii =18m

360=14m

PS3=7m

 

DS=64m

PSP=30m

vizunary said:
FishyJoe said:

Way to go financial genius, you are looking at financial data from 2006. 2007 numbers have been out for months. Nintendo is in another world financially in 2007. Sales grew 89.8% from 2006 to 2007. Net income grew 77.2%.

You want to judge a company on your basis? Ok then, how about GM? GM has over $207 billion in revenue for 2007. GM has over $186 billion in assets. It makes Sony look like a pipsqueak. Do you want to own GM because of it's revenue and assets??? Be my guest.


Really, the numbers I used  WERE for the 2006 FISCAL year, which ended in march 2007, but you're right that is SO long ago they shouldn't even be considered valid any longer. I didn't realize that you travelled to 2008 and brought the 2007 numbers back with you. Post any of this data you have with a source if you don't mind.

@Lingyis, sorry I can't find the data I'm looking for. I'm at work and that was all I can find at the moment, I know I didn't prove my point, just showing different figures that I had at my disposal.

Forbes - Global top 2000 list its current at 3/29/2007(if this isn't good enough then to hell with it), and it includes market value, which is what some like to use, and it's got assets, which is what I was looking for, it'll take me longer to find liabilities, then I can figure assets - liabilities = NET worth<-- that's what I was getting...

Rank

CompanyCountrySales ($bil)Profits ($bil)Assets ($bil)Market Vaue ($bil)
164 SonyJapan 63.62 1.05 88.75 52.14
695 NintendoJapan 4.33 0.84 9.79 34.00

 

EDIT: Do you know where to look for total company liabilities, I have some software at work that I can pull these type of reports for customers for a fee.... maybe I should talk someone into getting full reports on Nintendo and Sony, then I can view them too ;)  .... I don't think it'd be a good idea to pull them for myself, they'd probably frown upon it, heh.

 

LOL!!! Fiscal 06 ended March 06 genius! Not March 07...

That's why u got ur numbers wrong!... Nintendo is in another world now!... They are *ON FIRE...!

Fiscal 07 report said they had like 89.9% profit or something! (And that report came out March 07)...

So for Vizunary... This is fiscal 08 we're living in (for Nintendo) Ending March 08.



THE NETHERLANDS

No comeback from Vizunary?



End of 2007 Predictions:

Wii =18m

360=14m

PS3=7m

 

DS=64m

PSP=30m

Guess not.



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Gballzack said:
leo-j said:
Silver_Z said:
With such news.... it will only increase more sales of the Wii. Regardless whether it is as good as it claims. I for 1 will choose to buy the Wii if I see such news when considering a new console. I have already gotten my Wii few mths back, and I can only say... it is not as good as it seems. Mabbe I have a higher expectation of it, thus the disappointment.

The problem is that the media is EXTREEMLY negative when it comes to sony's gaming division I mean they try everything to make them look EXTREEMLY bad. They dont do shit to nintendo becuz they didnt win the last TWO console wars, and they dont say anythin about the 360 either actually they side with it dunno why. I think the wii sales will slowly decline the reason for this is becuz not every body wants a wii as much as a ps3 or 360, kids are most people buying it, it will decline when all of those kids have there wii's I thnk in abou 2 months.


My fanboy senses are tingling!!!


My gballzack senses are tingling. I cant believe I didnt reply to this nonsense.



 

mM
leo-j said:

My gballzack senses are tingling. I cant believe I didnt reply to this nonsense.


I can't believe you necromanced a 7-month-old thread and replied to it just to say that you didn't reply to it.



looks like fishy joe is cherry picking. how ironic. XD. but i'll admit that there is SOME truth in your post.
seriously, sony is the bigger company. Nintendo is solely a games company, and owns part of the Seattle Mariners.
Sony is involved in not only games, but also movies, semiconductors, music, consumer electornics (tv's, computers, mp3 players, digital cameras, video cameras, laptops, blu-ray, etc.).

http://www.forbes.com/lists/2007/18/biz_07forbes2000_The-Global-2000_Rank_2.html

http://www.forbes.com/lists/2007/18/biz_07forbes2000_The-Global-2000_Company_13.html

nintendo may have more profit in the past year or two than sony, but its market value is considerably less than Sony.