Currently Online 
| JRPGfan said: Nintendo stock is overvalued ? In 2016 wasnt there a thread about how Sony had made more money from "ps plus" than the entirety of Nintendo did that year?
http://www.eurogamer.net/articles/2016-04-28-sonys-psn-is-making-more-money-than-all-of-nintendo
"During the financial year ending 31st March 2016, Sony's PlayStation Network generated 529.1bn yen in sales. During the same financial year, the whole of Nintendo pulled in 504.4bn yen in sales. In terms of operating income, or profit, PlayStation made 88.7bn yen (£538m). Nintendo made 32.8bn yen (£207m)."
If sony makes much more revnue & profit than nintendo, why is nintendo stock almost as high? Stock markets dont make sense to me at all. |
Stock markets move on speculation for future value, last years profits mean nothing for the present and the future, how an investor sees Nintendo now is that they have a new product out that is selling well and will be on the market for 6-7 years, 3DS is still selling, the are still more mobile games to come with the Animal Crossing entry and an online subscription service is launching soon.
Investors want to get on board now so they can make money on the speculated value, as more and more investors jump on the stock the price of it rises.
