syncyes (syncyes) wrote in ohnotheydidnt,
syncyes
syncyes
ohnotheydidnt

Nintendo now worth more than Sony as a whole



Wii U sales might still be a disaster but the opening of the Chinese market has boosted Nintendo’s market value back ahead of Sony.

According to the business markets Nintendo now has a market value higher than all of Sony combined, as Nintendo’s stock has more than doubled over the last few months.

The situation seems bizarre given how poorly the Wii U continues to do but a disappointing earnings report from Sony in November has seen its market capitalisation (the total value of all its shares) fall to $17.7 billion.

Nintendo on the other hand has been surprisingly popular with investors over the last few months, with stock prices on the rise and a market capitalisation that now stands at $18.4 billion.

That doesn’t necessary mean Nintendo has more money than Sony (although they are a notorious hoarder) but it is proof that the wider business world does not see things in the same way as most gamers.
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Tags: computer / video games
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