Wyrdness said:
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. |
First of all: the idea Nintendo outdoes Sony in revenue in the near future and on a longkeeping base is bollocks. Secondly: stock is not only valued after profit, but also after value of the company behind. Think of that: if someone buys all stock of Sony and Nintendo and then sells the assets, which brings more? Obviously Sony, because they simply own so much more worldwide. That includes physical assets and intellectual assets (patents, copyrights - not only of games but movies as well).