Ail said:
scottie said:
Everyone keep in mind that by this metric, Nintendo is a 'bigger' company than Sony (not SCE, the entire of Sony)
What this says is that the total amount of money you would have to spend to purchase 100% of the Apple stock, if everyone sold at the market price would be more than you would have to spend to buy al the MS stock.
This is not really 'bigger' so much as 'more valuable'
The metrics I would consider to see which is the biggest company are revenue and number of employees. MS is just ahead in revenue and way ahead in employee count.
Semantics out of the way - that's awesome news. Good to see Apple rewarded for all the awesome products they have delivered recently |
Not for long...
Nintendo's market cap is down to 40 billion and Sony hovers around 30-32 billion$.
My expectation is that within 1 year Sony is going to pass Nintendo again...( Nintendo's profit growth perspective do not look that great in the short term, until they release their next device)
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We shall see
Nintendo have an established habit of predicting low, then raising if necessary, Sony are more likely to estimate high and lower if necessary
