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Locked: Nintendo is worth more than Sony!

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

robjoh 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.


Wow haven't heard that excuse since HUS got banned...let us say that they sales so far isn't indicating what you are saying.


I could be very wrong, but I am seeing to many wii's in stores that means there not selling as well as they used to.



 

mM
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RolStoppable said:
konnichiwa said:

Sigh I don't say that MS and Sony are the best I only say they worked harder.
True that X360's have a problem with the ring of death but it would really be sad if the Wii would have failures
especially because it is just a little update of an Xbox hardware.


It's an update of the Gamecube hardware.


ごめん  My fault X_X.






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 ;)



Sigh, it's not even worth explaining business to fanboys. It's like wasted breath.



Wow, the Sony fanboys came out in full force for this one, lol. I've never seen a demographic of gamer argue so veamently against reality. 



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@fishyjoe: agreed. fanboys are willing to display their utter lack of education just to fight back.



the Wii is an epidemic.

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 ;)



http://news.zdnet.com/2100-9584_22-6193002.html

http://www.themoneytimes.com/articles/20070625/nintendo_surpasses_rival_sony_in_market_value-id-105311.html

http://edition.cnn.com/2007/BUSINESS/06/24/nintendo.sony.reut/index.html

http://news.independent.co.uk/business/news/article2710684.ece

Relevant text: Nintendo shares rose as high as 46,350 yen (£187.65), a record, boosting its market value to 6.57 trillion yen and narrowly surpassing Sony's market capitalisation for a time, before settling lower. The achievement is extraordinary because, where Nintendo is a pure gaming company, Sony is a multinational entertainment and consumer electronics conglomerate whose interests run from movie studios to mobile phones.

It really isn't a matter of wanting, frankly. 

Even when Sony was dominating the market, their games division was making less money than Nintendo was, because Nintendo continued to dominate the hand held market and because Sony took such drastic price cuts and lost so much money on the console itself. So if Nintendo was already making more money when Sony was dominant and they were marginalized, imagine the disparity when that situation is reversed.

Just remember that this has little to do with the actual gaming experience of the consumers. Just because Nintendo makes more money does NOT mean that Sony cannot get great games and, for that matter, doesn't preclude them from winning the generation; again, just look at last generation. All this means is that Nintendo makes more money.



http://i14.photobucket.com/albums/a324/Arkives/Disccopy.jpg%5B/IMG%5D">http://i14.photobucket.com/albums/a324/Arkives/Disccopy.jpg%5B/IMG%5D">

Bodhesatva 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 ;)



http://news.zdnet.com/2100-9584_22-6193002.html

http://www.themoneytimes.com/articles/20070625/nintendo_surpasses_rival_sony_in_market_value-id-105311.html

http://edition.cnn.com/2007/BUSINESS/06/24/nintendo.sony.reut/index.html

http://news.independent.co.uk/business/news/article2710684.ece

Relevant text: Nintendo shares rose as high as 46,350 yen (£187.65), a record, boosting its market value to 6.57 trillion yen and narrowly surpassing Sony's market capitalisation for a time, before settling lower. The achievement is extraordinary because, where Nintendo is a pure gaming company, Sony is a multinational entertainment and consumer electronics conglomerate whose interests run from movie studios to mobile phones.

It really isn't a matter of wanting, frankly :p

Even when Sony was dominating the market, their game's division was making less money than Nintendo was, because Nintendo continued to dominate the hand held market and because Sony took such drastic price cuts and lost so much money on the console itself. So if Nintendo was already making more money when they were marginalized and Sony dominated, imagine the disparity when that situation is reversed.

Just remember that this has little to do with the actual gaming experience of the consumers. Just because Nintendo makes more money does NOT mean that Sony cannot get great games or, for that matter, doesn't preclude them from winning the generation; again, look at last generation. All this means is that Nintendo makes more money.


 Thanks Bod, for applying a healthy dose of logic to a topic that seemed to have lost all hope lol.



@Bod:

wow, impressive work. all these links you managed to dig up.

the most common determination of companies in terms of size is market cap. it fluctuates, it has many humans factors built in and it's not perfect, but if you want to compare across different industries it has the advantage of simple, elegant, easy to understand and few people would spend time arguing against using it.

the mere fact that nintendo can even be mentioned in the same league as sony is impressive. that's really what most people are after here.

nintendo has what, 4000 employees worldwide? sony, what, 100,000? it's utterly ming-boggling. with all those divisions, movies, eletronics, hardware, computer, games, and all those added up can't match one nintendo. that, is what we gawk at. it's a david vs goliath, and david won.

can it last? who knows. sony is coming a comeback itself; because for a company its size, it's embarassing to have its market cap eclipsed by nintendo, and shareholders still aren't happy (though in the past 2 years its stock is up 70%). it's an interesting fight--a fight much tighter than anybody expected it to be.





the Wii is an epidemic.

The general fact that they passed Sony makes no sense. Sony makes way more products that Nintendo doesnt. Sony makes computers, TVs, CD Players, Movies, owns a music company, makes car audio, stereos, game consoles, and handhelds. Nintendo made board games (do they still do this?) then moved to consoles and handhelds. Nintendo's stock is nothing more then inflated stock that will crash down like the Chinese stock market eventually.



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