dampowell said: Apple is overpriced (do you really think that they are more valuable than Walmart? I find that hard to believe)... Intrinsically it seems Sony is underpriced... However, Sony needs to capture a significant profit before there stock price can rebound into the $60bln to $70bln range... (where Nintendo was at the peak of its stock price. Even though the strong yen has ruined Nintendo's US appearance in terms of size.
On a pure asset basis, I think it would be hard to quantify who is more valuable out of Sony and Nintendo (MSFT is always ahead). because most of nintendo's assets are virtual... I honestly couldn't put a price tag on Mario that either Sony of MSFT wouldn't be willing to pay. The plumber is probably worth $10 billion on his own. |
Based on the concept of buying stocks as a long term investment (and not as trading) I don’t think that Apple is overpriced; and I certainly don’t think that Sony is under-priced. Over the next 20 years mobile computing is likely going to experience the same kind of growth that the personal computer saw over the last 20 years; and Apple has positioned itself to be (one of) the dominant players in this market. At the same time, Sony is currently positioned in markets where it is facing an increasing number of competitors who are all (rapidly) eating away at the market-share they once had; and there is no real trend over the next 20 years that I see Sony capitalizing on at the moment.
Sony’s profit margins are razor thin not because Sony executives are "Nice Guys" ... their profit margins are razor thin because there is so much competition in all of the markets they’re in that they can’t sell products for a reasonable price to cover R&D and manufacturing.