Bloomberg: Nintendo’s Outlook Disappoints and Mario Can’t Save Wii U (Stock down 8.7%)

[Johnw1104]

Conina said:

Sh1nn said:
NTDOY down 5% (falls to new 52 week low)

https://www.google.com/finance?q=NTDOY

NTDOY now worth less than EA or Activision

• Nintendo Market Cap = 1,591,651.22 million Yen
• Sony Market Cap = 3,212,530.72 million Yen

http://www.bloomberg.com/quote/6758:JP + http://www.bloomberg.com/quote/7974:JP

So Sony is now "worth" double of Nintendo... wasn't there a tie one year ago many Nintendo sites boasted about?

Nintendo's market value was briefly higher than Sony's about a year ago, that has nothing to do with total assets or anything where Sony has a giant lead.

Given that Nintendo is almost exclusively a video game company while Sony is a massive conglomerate involved in many industries, though, it was a pretty shocking fact for a moment there. Sony has no excuse for ever dipping that low.