Nintendo is worth more than Sony. Microsoft kicks both companies

[biglittlesps]

Arkhandar said:

Ashadian said:

Pavolink said:

rolltide101x said:

Pavolink said:
This speaks loud and clear at how Sony should drop from the hardware race and go third party.

I will assume you mean Nintendo lol. PS4 should outsell the Wii U in a matter of months

I said clear: SONY.

Lol! I think you got more chance of Nintendo going thirdparty than ever Sony. Sony are huge compared to nintendo and not just a games company. Sony Assetts are valued at $150 billion.

I said clear: Nintendo

Instead of looking into the total assets of both companies to see their "value" and their financial independence, you should first look to the equity which is basically the money they have in the bank minus debt.

Sony has $28.5 billion. (as of March 31, 2013)

Nintendo has $10.5 billion. (as of March 31, 2013)

So for a company that's 11 times bigger than Nintendo in terms of assets, it only has less than 3 time the equity, which is not really healthy and hence its low market value.

Sony has the assets the define the future with so many entertainment options they can offer for a customer choosing their hardware/service. But, for nintendo they have only the Gaming which might be in future have so much competiton from Mobiles/Tablets etc., and give a trouble to Nintendo but for sony they have so many ways and already they are beginning future of Gaming with Streaming service. So, I think sony is going with future proof plans right now and they can be back on top due to the diversity of their assets in our daily life needs.