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Forums - Gaming Discussion - How Big is Nintendo Now? According to PinkSheet - FREAKING HUGE!

Grampy on 17 January 2009

Because of a recent thread about Apple buying Sony which I personally think is damned unlikely but it made me wonder about who could buy who. I went to PinkSheet to check out market capitalization.

Market capitalization  is a measurement of corporate or economic size based on share price multiplied by the number of shares in issue, providing a total value for the company's shares and thus for the company as a whole. Companies are divided into large-cap: over $5 billion, mid-cap: from $1 billion to $5 billion, small-cap: under $1 billion.

The results blew me totally away!!

ADMIN EDIT: I don't know how PinkSheet calculates their market cap values, but they're very wrong. Below I changed Nintendo's and Sony's numbers acording to Forbes 2000 list (2008). This is dated, but don't feel like calculating the real value and couldn't quickly find the correct numbers. http://www.forbes.com/lists/2008/18/biz_2000global08_The-Global-2000_Counrty_7.html (BengaBenga)

MICROSOFT -             $ 179 BILLION (USD)
APPLE -                       $    73 BILLION (USD)
NINTENDO -               $ 65 BILLION (USD)
SONY -                        $    45 BILLION (USD)

If you don't believe it - and I wouldn't here is the link:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=NTDOY
Look under UNDER COMPANY INFO

[NOTICE: FOR THOSE THAT TEND TO TAKE ANYTHING THEY READ UNCRITICALLY WITHOUT MAKING ANY EFFORT TO VERIFY THAT INFORMATION, THIS PARTICULAR FIGURE IS EXTREME AND MAY WELL BE IN ERROR. OTHER SOURCES GIVE THE CURRENT VALUATION OF NINTENDO AS SOMEWHERE BETWEEN 57-65 BILLION AND SONY (DIFFERENT ON THE NYSE AND IN TOKYO) AT SOMEWHERE IN THE LOW TWENTIES. NO SOURCE WAS FOUND THAT INDICATED ANYTHING LESS THAN BETWEEN A 2.5X TO 3X DIFFERENCE IN THE EVALUATIONS OF SONY AND NINTENDO]



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c03n3nj0 on 17 January 2009

Damn, that is huge.

But for Sony and Microsoft it's the whole company or just the gaming divisions?



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famousringo on 17 January 2009

Yeah, something really doesn't seem right here. If this actually does reflect reality, it just re-affirms my belief that capitalism still has some major kinks to work out.



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yog-sothot on 17 January 2009

Huge indeed, it's closer to Wallmart or ExxonMobil now...

but I never really understood why market capitalization is so important... I mean, stockholders own high values stocks, but what does it change for the company itself ? What can Nintendo do with those billions ? They don't own them. It's just the public opinion of the company's worth



Grampy on 17 January 2009
c03n3nj0 said:
Damn, that is huge.

But for Sony and Microsoft it's the whole company or just the gaming divisions?

That frighteningly enough is SONY INC. the whole wazoo in terms of their common stock SNE traded on the NYSE

 



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Phoenix_Wiight on 17 January 2009

@ c03n3nj0

looks like gaming divisions, atleast for M$. no way they're computer business isn't worth more than that



DaveD on 17 January 2009

Ouch, 3 billion as a whole?
So in theory Nintendo can buy all 3 and have 200bil left, lol



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appolose on 17 January 2009

Holy cow, that is insane! Over twice as much as Microsoft!
I would have guessed would Nintendo would have been just somewhat close to them.



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colonelstubbs on 17 January 2009

Erm, sony, hello, you might be in trouble!



I hope my 360 doesn't RRoD
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Grampy on 17 January 2009
famousringo said:
Yeah, something really doesn't seem right here. If this actually does reflect reality, it just re-affirms my belief that capitalism still has some major kinks to work out.

That certainly is a very real question at the moment. But like everything else that is bought and sold, market capitalization is perceived value in terms of what people are willing to pay in terms of their evaluation of future prospects and continued growth. In this case apparently a lot of people think Nintendo's future is very good and Sony's is very very bad.