June 25 (Bloomberg) -- Nintendo Co.'s market value surpassed that of Sony Corp., a company with eight times more revenue, underscoring the success of the Wii game console in outselling rival PlayStation 3.
Shares of Nintendo, based in Kyoto, western Japan, rose to a record 46,350 yen, valuing the company at 6.57 trillion yen ($53 billion), and overtaking Sony's 6.48 trillion yen capitalization in trading today. Nintendo's stock closed 0.8 percent lower at 45,100 yen.
That's amazing, considering Sony has its hands in nearly everything electronic, including motion pictures. I guess that Sony has become one of those jack-of-all trades, master-of-none kinda outfits whereas Nintendo has focused on what it's been: a gaming company. Who knew...
"The master would not approve."
Kylapharos
Title: Sacred Defender
Joined: Nov 06 2007
Location: Deathless Realm
Posts: 10
Posted:
Nov 23 2007 10:01 pm
During the dominion of Sony and the weakness of the Gamecube, I told them, I told them all that Nintendo would make a comeback. They did not believe me...
But now I have been proved right! In your faces, you trend-followers! Ha ha ha ha ha!
End? No, the journey doesn't end here. Death is just another path. One that we all must take. The grey rain-curtain of this world rolls back, and all turns to silver glass. Then you see it. White shores, and beyond. A far green country, under a swift sunrise.
-Gandalf the White, in the movie version of Return of the King
