From an Associated Press article in this morning's paper about the Wii.
"The stock market values Nintendo at $75 billion, compared to $48 billion for Sony, which has six time the revenue."
In other words, if I am reading the thread and the article correctly, some here are confusing value vs. money.
What that means is that Sony sells more -- but it is not worth more. (And revenues are in many ways meaningless without expenses -- which provide information on net income).
Remember, something is worth only what someone will pay for it. The Wii is priced at $250 but is going for $475-$490 on eBay. The PS3 80GB model is prices at $500 but going for $450 on eBay. (Both of these are examples of currently completed auctions for new items).
Says something about worth.
Mike from Morgantown
 I am Mario.I like to jump around, and would lead a fairly serene and aimless existence if it weren't for my friends always getting into trouble. I love to help out, even when it puts me at risk. I seem to make friends with people who just can't stay out of trouble. Wii Friend Code: 1624 6601 1126 1492 NNID: Mike_INTV |
