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Forums - Sony - Which company is larger?

leo-j said:
thranx said:
Icyedge said:
thranx said:
nintendo has more cash reserves than sony.

That is true only if you take the gaming division by itself. Im surprise so much person think Nintendo is bigger than Sony.

no, that is the case for taking nintendo against all of sony. sony may have more invested in actual land (property) and factories. But even that i am not sure would outweigh the cash reserves of nintendo. I'm suprised at how many people do not realise nintedo is a fiscally responsible company that does not sell equiptment at a loss.

um nintendo is not even close to sony in terms of cash reserves, idk where you are getting your info from:

assests (billions):

Nintendo: 17.87

Sony: 124.12

http://www.forbes.com/lists/2009/18/global-09_The-Global-2000_Prof_2.html

Assets are not cash reserves.

Industrial and manufacturing companies tend to have a high asset values. This does not make them valuable companies. Assets usually carry liabilities. For example, you can own a multi-billion dollar factory. But that factory will have employees you have to pay, insurance, maintenance, and debt. Assets may depreciate over time as well, especially with high-tech assets.

Another way of looking at assets it is like this.

Person A owns a McMansion. It's worth $2million. It might sell on the open market for $1.5 million.

Person B owns a small house. It's worth $250,000. It might sell on the open market for $225,000.

Who is richer?

.....

...

Person A owes $1.9 million dollars on the house. In addition, the McMansion requires several thousand dollars of insurance and maintenance each month. Person A is currently unemployed and has $100,000 in savings.

Person B owns their house outright, no debt. The upkeep is minimal, just a couple hundred a month. Person B makes $200,000 a year and has savings of $1 million.

This is why asset totals are meaningless without context.

 

 



Anyone can guess. It takes no effort to throw out lots of predictions and have some of them be correct. You are not and wiser or better for having your guesses be right. Even a blind man can hit the bullseye.

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leo-j said:
http://www.forbes.com/lists/2006/18/MktVal_1.html

Microsoft>Sony>Nintendo

this... it even comes with a link... lol now the thread kinda ended?? :p



And just for the record here's some links:

http://kontrib.com/get_translation.php?story_id=8231&lang_id=1&frame=main

http://www.dailytech.com/Article.aspx?newsid=9040&commentid=189134

http://www.dailytech.com/Nintendo+Now+the+Fifth+Largest+Company+in+Japan/article8209.htm

http://www.allheadlinenews.com/articles/7008956408

http://online.barrons.com/article/SB124001833826031167.html

http://business.nikkeibp.co.jp/article/eng/20071217/143199/?ST=print_e

This is how the business world views Nintendo.  My apologies for offending the video game community.

 

 



Ghazi4 said:
leo-j said:
http://www.forbes.com/lists/2006/18/MktVal_1.html

Microsoft>Sony>Nintendo

this... it even comes with a link... lol now the thread kinda ended?? :p


That list is from 2006.



SpartenOmega117 said:
Another question guys.. Are these companies too big to ever go bankrupt?

Ever is impossible to say, they are all extrememly safe in the medium term although Japan does have some strange business practices.

They are too big and too important to just cease trading, they would be taken over long before anything like that happend.



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Pipedream24 said:
Sharky54 said:
Pipedream24 said:
leo-j said:
Pipedream24 said:
leo-j said:
Pipedream24 said:
leo-j said:
http://www.forbes.com/lists/2006/18/MktVal_1.html

Microsoft>Sony>Nintendo


I think that list is old... I know this article is old, but it's newer than that list.  Plus Nintendo has been printing money since than.  I'll see what else I can find.

http://www.smh.com.au/news/biztech/nintendo-now-japans-fifth-biggest-company/2007/07/26/1185339147060.html

 

the list is the most updated list from forbes, which is from nintendo/sonys/microsofts latest fiscal reports..

the list was formed APRIL 2009


I see the new one you posted.  According to that, Nintendo's Market Value is $41 billion to Sony's $17 billion.

market value has nothing to do with anything.. other than shares, nintendo has more share value, doesn't change the fact sony is a far larger company in profits, assets, revenue and size..

Just for future reference.

http://www.investopedia.com/terms/m/marketcapitalization.asp

 And according to this article, Sony still plans on posting a loss for the full fiscal year through March:

http://www.marketwatch.com/story/sony-posts-sharply-higher-net-profit-2010-02-04

 So I guess Sony isn't larger than Nintendo when it comes to profits or size.

I am gonna go with forbes over you. Sorry. Sony > Nintendo. FACT. Larger company, has more money, and makes more money. Nintendo does one thing. Sony does many(on a larger scale)

Sony has there first profitable quarter in quite some time and now they make more money than Nintendo...Interesting.  Sony's own 2010 projections still have them showing a net loss for the year.  In terms of Net Revenue, of course Sony is larger.  They sell way more products than Nintendo.  But if it cost you $2 to make $1 or $.50 to make $1...which would you chose.  And it is not fact that Sony is larger than Nintendo, it's how you want to interpret the numbers.  For the investment community purposes, Nintendo is the larger company.  For video game wars, Sony is.  I hope console wars can make you money in the real world.

So by your calculation I am personally a bigger company than Sony because I made a profit last year by working? 



RVDondaPC said:
Pipedream24 said:

Sony has there first profitable quarter in quite some time and now they make more money than Nintendo...Interesting.  Sony's own 2010 projections still have them showing a net loss for the year.  In terms of Net Revenue, of course Sony is larger.  They sell way more products than Nintendo.  But if it cost you $2 to make $1 or $.50 to make $1...which would you chose.  And it is not fact that Sony is larger than Nintendo, it's how you want to interpret the numbers.  For the investment community purposes, Nintendo is the larger company.  For video game wars, Sony is.  I hope console wars can make you money in the real world.

So by your calculation I am personally a bigger company than Sony because I made a profit last year by working? 

If you made billions more in profits over years and had the potential to continue that trend, I'd say your business was more valuable.



Anyone can guess. It takes no effort to throw out lots of predictions and have some of them be correct. You are not and wiser or better for having your guesses be right. Even a blind man can hit the bullseye.

Grimes said:
RVDondaPC said:
Pipedream24 said:

Sony has there first profitable quarter in quite some time and now they make more money than Nintendo...Interesting.  Sony's own 2010 projections still have them showing a net loss for the year.  In terms of Net Revenue, of course Sony is larger.  They sell way more products than Nintendo.  But if it cost you $2 to make $1 or $.50 to make $1...which would you chose.  And it is not fact that Sony is larger than Nintendo, it's how you want to interpret the numbers.  For the investment community purposes, Nintendo is the larger company.  For video game wars, Sony is.  I hope console wars can make you money in the real world.

So by your calculation I am personally a bigger company than Sony because I made a profit last year by working? 

If you made billions more in profits over years and had the potential to continue that trend, I'd say your business was more valuable.

I'm not asking you-who-contains-logic...And it's not MY business, it's ME, an Employee that was paid money to work, and kept some of it at the end of the year. Thus generating a profit. Something Sony did not do last year.... (reference pipedream's post for further understanding)



sony has $230 billion in assets
microsoft has $77 billion in assets
Nintendo has 1.8 trillion yen in assets thats roughly 19 billion dollars in

source:wikipedia

sony is huge



Dioxinis said:
sony has $230 billion in assets
microsoft has $77 billion in assets
Nintendo has 1.8 trillion yen in assets thats roughly 19 billion dollars in

source:wikipedia

sony is huge

GM had over $300 billion in assets at the time of its demise, for all the good it did it.

BTW, I'm not saying Sony is GM. Just pointing out how useless stating assets are without context.



Anyone can guess. It takes no effort to throw out lots of predictions and have some of them be correct. You are not and wiser or better for having your guesses be right. Even a blind man can hit the bullseye.