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

ssj12 said:
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.

 a) nobody is saying "general" fact.  it's just one measure--but an important one.

b) you're looking at revenue.  if revenue is all that matters, GM or Ford would be worth a lot more.

c) inflated stock price: that's your opinion.  i've thought for years Google and Apple stock are way overvalued, and nothing has stopped them yet.  and now they're both worth about 3 times as much as Sony.  not saying Nintendo can keep growing forever, just saying that your guess, my guess, and everybody's guess "average out" to the current stock price, and nobody knows what the future hold. 

 

 the market cap is a non-intuitive measure.  i remember many years ago when Microsoft first passed big blue, aka IBM in stock market capitalization, many people had similar discussions.  they say, "it makes no sense", "Microsoft stock will fall", "IBM still have way bigger revenue, way more employees, they just need to turn it around".  guess what, it stayed that way.  and even today, IBM has double Microsoft's revenue and 4 times as many employees.  Microsoft simple is more PROFITABLE.  today, Google has a bigger market cap, i.e. "more valuable" than IBM--does that make any sense?  hey, that's what market cap is.  sometimes it's non-sensible, but to some, it's more than sensible, otherwise they wouldn't be valuing the company at that price.  that's how equities work.

sony will probably do okay.  the flat panel business is going through a boom right now, and apparently people are still slow to react.  as long as the PS3 business starts recovering, they'll do more than okay.  of course, bad things can still happen, like the chinese marginalizing the flat panel market.  but sony appears to be selling on the back of quality once again, and that's something the chinese can't assault anytime soon.  sony seems like it's starting to get back on its feet, but that's just my opinion.



the Wii is an epidemic.

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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?"



naznatips said:
 

... why would you believe him?


Dude, take a chill pill.

By saying "Not that I don't believe you" doesn't necessarily mean I believe him either. I just want to hear why he claims that "This entire thread is bullshit."

Regardless, if he thinks its "bulls@#t" he must have a reason for stating so. I'd like to know why, preferably with substantiated facts.



your mother said:
naznatips said:
 

... why would you believe him?


Dude, take a chill pill.

By saying "Not that I don't believe you" doesn't necessarily mean I believe him either. I just want to hear why he claims that "This entire thread is bullshit."

Regardless, if he thinks its "bulls@#t" he must have a reason for stating so. I'd like to know why, preferably with substantiated facts.


Sorry, stuff like this just annoys me.  I hate that people care so much about their company winning that they will call a very siple and reasonable news story bullshit and go into fanboy defense mode just because it means the company who created their current game system might not be the most successful.



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.



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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.



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.



Lingyis said:
ssj12 said:
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.

a) nobody is saying "general" fact. it's just one measure--but an important one.

b) you're looking at revenue. if revenue is all that matters, GM or Ford would be worth a lot more.

c) inflated stock price: that's your opinion. i've thought for years Google and Apple stock are way overvalued, and nothing has stopped them yet. and now they're both worth about 3 times as much as Sony. not saying Nintendo can keep growing forever, just saying that your guess, my guess, and everybody's guess "average out" to the current stock price, and nobody knows what the future hold.

 

the market cap is a non-intuitive measure. i remember many years ago when Microsoft first passed big blue, aka IBM in stock market capitalization, many people had similar discussions. they say, "it makes no sense", "Microsoft stock will fall", "IBM still have way bigger revenue, way more employees, they just need to turn it around". guess what, it stayed that way. and even today, IBM has double Microsoft's revenue and 4 times as many employees. Microsoft simple is more PROFITABLE. today, Google has a bigger market cap, i.e. "more valuable" than IBM--does that make any sense? hey, that's what market cap is. sometimes it's non-sensible, but to some, it's more than sensible, otherwise they wouldn't be valuing the company at that price. that's how equities work.

sony will probably do okay. the flat panel business is going through a boom right now, and apparently people are still slow to react. as long as the PS3 business starts recovering, they'll do more than okay. of course, bad things can still happen, like the chinese marginalizing the flat panel market. but sony appears to be selling on the back of quality once again, and that's something the chinese can't assault anytime soon. sony seems like it's starting to get back on its feet, but that's just my opinion.


 since you brought up microsoft. Im still honestly shocked their corporation hasnt fallen in on itself. Especially since they were so nice to copy OSX completely with Vista. I would have figured investors would have taken notice on some illegal activities there. 



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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.  



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

ssj12 said:
Lingyis said:
ssj12 said:
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.

a) nobody is saying "general" fact. it's just one measure--but an important one.

b) you're looking at revenue. if revenue is all that matters, GM or Ford would be worth a lot more.

c) inflated stock price: that's your opinion. i've thought for years Google and Apple stock are way overvalued, and nothing has stopped them yet. and now they're both worth about 3 times as much as Sony. not saying Nintendo can keep growing forever, just saying that your guess, my guess, and everybody's guess "average out" to the current stock price, and nobody knows what the future hold.

 

the market cap is a non-intuitive measure. i remember many years ago when Microsoft first passed big blue, aka IBM in stock market capitalization, many people had similar discussions. they say, "it makes no sense", "Microsoft stock will fall", "IBM still have way bigger revenue, way more employees, they just need to turn it around". guess what, it stayed that way. and even today, IBM has double Microsoft's revenue and 4 times as many employees. Microsoft simple is more PROFITABLE. today, Google has a bigger market cap, i.e. "more valuable" than IBM--does that make any sense? hey, that's what market cap is. sometimes it's non-sensible, but to some, it's more than sensible, otherwise they wouldn't be valuing the company at that price. that's how equities work.

sony will probably do okay. the flat panel business is going through a boom right now, and apparently people are still slow to react. as long as the PS3 business starts recovering, they'll do more than okay. of course, bad things can still happen, like the chinese marginalizing the flat panel market. but sony appears to be selling on the back of quality once again, and that's something the chinese can't assault anytime soon. sony seems like it's starting to get back on its feet, but that's just my opinion.


since you brought up microsoft. Im still honestly shocked their corporation hasnt fallen in on itself. Especially since they were so nice to copy OSX completely with Vista. I would have figured investors would have taken notice on some illegal activities there.


Microsoft is head and shoulders above Sony AND Nintendo. While you can argue that Sony has more revenue, Nintendo has more profits, Sony may be undervalued, Nintendo overvalued.. yadda, yadda. Microsoft beats both Sony and Nintendo in almost every concievable category: Market Cap, Profits, Revenue, and way, way more Financial Reserves. 

I think one could reasonably argue that Sony is still a bigger and more important than Nintendo is, on the whole. But there is no question that Microsoft is bigger than both of them. Even with possible qualms about Vista, that's not changing.



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