Nintendo currently valued as a bigger company than Sony
Posted on January 8, 2014 by Brian(@NE_Brian) in General Nintendo, News
Indications from the business markets point to Nintendo holding a higher market value than all of Sony combined. Whereas Sony’s market capitalization stands at $17.7 billion, the total value of all Nintendo shares come in at $18.4 billion.
Nintendo’s performance can be attributed to the 3DS’ success and announcement concerning China’s consoles ban removal. Investors are also banking on Nintendo making changes to its business model.
As for Sony, despite its strong PlayStation business, the company’s movies, music, and laptop divisions haven’t been up to par.
Thanks to Tim for the tip.