Nintendo market cap hits 5tn yen.

[TheWPCTraveler]

kowenicki said:

JRPGfan said:

Stock markets... are weird.

Sony's PlayStation Network sales hit 529,000m yen which means that PSN generated more revenue than the whole of Nintendo (504,000m yen).

— Daniel Ahmad (@ZhugeEX) April 28, 2016

PSN alone makes more money than All of Nintendo does.

Yet Nintendo stock is higher? why?

revenue is not profit.

IIRC, profit margins off digital sales and PS+ subscriptions are larger than whatever Nintendo makes money off of.