Mr Khan said:
Instead of spammy reaction GIFs, why not present something of substance? First, under current market capitalization, Sony is in danger of a buyout. Sony's market cap is $20 billion right now, which is about 3x what Nintendo has in cash, though theoretically if Nintendo wanted to, they could over-leverage themselves and buy it out. Secondly, Sony as a corporation is a hot mess right now. PlayStation and their life insurance division are all they have that's worth a damn, especially as Sony Pictures unravels now in the wake of the hack. Buying Sony would, indeed, be a terrible idea unless the buyer just wanted to liquidate everything except life insurance and the PS division, and that wouldn't be worth the asking price (especially as the market cap would rise as soon as it was clear somebody wanted to buy) |
Nintendos market cap is 15 billion $ vs sonys 23. Nintendos total equities are 1.2 trillion ¥ vs sonys 2.2 trillion ¥. Nintendo has assets worth 1.3 trillion¥, sonys assets are worth 15 trillion ¥. not a single indicator says nintendo has more money than sony. And their revenue goes down while sonys goes up.
