Nintendo Sandbagging the Wii

[facher83]

mike_intellivision said:
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

 Generally speaking, posting the URL to the article in discussion gives credit to your post... most people here will go and read the link for themselves, and only then pass judgement on any comments... I'm more curious on the stock pricings.