Turkish said:
Because Playstation is 1. more profitable and generates more sales 2. has bigger brand recognition 3. is a global brand which 3/4th of the world recognizes as the face of gaming 4. one of the most valuable brands http://brandirectory.com/league_tables/table/global-500-2016
Sony is worth more than Nintendo now, it's a simple google search really, I dunno why you guys use months old data, stocks aren't a static thing. Sony market cap: 5,61T yen Nintendo market cap: 5,33T yen |
The reason that people use months old data, is because since stocks do change people tend to give market caps at particular benchmarks, such as the end of a fiscal year, as the person I was replying to did. I provided the link to specifically show that this data is not definitive proof, as that person was claiming. I further explained that market cap is not equivelant to the worth of the company. Cause it's not.
Turkish said:
Is not hard to look up latest financial reports. PS4 division made 17.7bn yen profit vs Nintendoes 16.2 last q, and they just launched their most popular console. Playstation has bigger brand recognition, do a representative poll worldwide and more people will know Playstation than Nintendo, from all my travels in Europe, Middle East and Asia Playstation was the most associated with gaming. It's been a continuously used name for over 20 years. People might know the Wii and Gameboy individually but not the company behind it just like they might not know Sony is behind Playstation. Playstation makes big money and let others make big money, it's how 3rd parties survive. PSN until recently was making more money than all of Nintendo, that storefront alone is worth $. |
Uhhh...
I don't know why we're going to look at just one quarter of financial results to determine company value. I also was completely unaware that the Switch was already "their most popular console", or that console launches were supposed to be a particularly profitable time. Considering that Sony lost about 128 billion yen after the PS4 launch, maybe we shouldn't expect this to be Nintendo's most profitable time.
In other words, pointing out that Sony's profits were a hundred million dollars or so more in one quarter is a pretty poor argument to show that Sony is more profitable or more popular.
Your personal travels are meaningless. https://yourlogicalfallacyis.com/anecdotal When you actually do that representative poll worldwide, or can provide a link to one, let me know. The only thing you posted that approaches evidence is the list of brands that you provided, but then quickly ignored when it showed that Nintendo is actually more popular.
