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Bloomberg: Nintendo tops Sony's market value

PostPosted:Wed Jun 20, 2007 5:53 pm
by Julius Seeker
In 2005 Nintendo was worth just over 12 billion dollars, and roughly 9-10 billion in the years prior, it has since increased its market value by an incredible 40 billion USD. Since 2005, with releases of the DS and Wii, Nintendo has risen in value at a staggering rate to 51 billion dollars suprassing Matsushita/Panasonic in value and taking the #2 consumer electronics company in the world. Sony still holds a not very distant #1 position with a market value of 54 billion USD.


http://uk.reuters.com/article/technolog ... geNumber=1

On a side note, Hiroshi Yamauchi has skyrocketed in wealth to almost 5 billion USD to his name, moving from the 14th (in 2006) to 3rd wealthiest person in Japan.

http://www.houseofnintendo.com/50226711 ... panese.php

PostPosted:Mon Jun 25, 2007 8:43 am
by Julius Seeker
http://www.bloomberg.com/apps/news?pid= ... efer=japan

Hiroshi Suzuki wrote: 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.