Nintendo closes in on Sony in market value

[manuel]

Nintendo shares closed up 1.4 percent at 44,500 yen, increasing its market capitalisation to 6.30 trillion yen ($51 billion).

That compares with Matsushita's 6.23 trillion yen and 6.64 trillion yen for Sony -- the world's largest and second-largest consumer electronics makers, each having sales more than eight times as big as Nintendo.

Read the full article; here

I knew Nintendo does well, but that surprises me.
Nintendo is practically worth as much as Sony, although they only make games and no computers and other electronics...

I should have bought Nintendo stock 5 years ago.

[JC]

Hmm. PS3?

[manuel]

PS3? ...
You mean because PS3 is a failure?
Even with that, Sony's stock went up the past years.

[FamicomFreak]

wow I'm so happy for nintendo they are finally getting back on track. Good for them.

[manuel]

Me too. Now I hope they use the heaps of money to develop great successors to Wii and DS (and/or Gameboy).
And good games of course.

[JC]

Sony's lucky enough to have more than PS3 in stores. What, Nintendo has vgs and Hanafuda decks.

[manuel]

How much of their revenue would be from hanafuda cards? 0.0000x...%?
I'd like it if they produced more and different hanafuda decks. That would be something to collect, too.
As a business, Nintendo is really doing great.

[kite200]

none of their revenue is from hanafuda, no one buys hanafuda cards when they could buy a wii

[JC]

Don't they usually give out those cards to members of Nintendo Club instead of selling them?

[FamicomFreak]

I just got the new game informer and guess what the top 4 games come from?? NINTENDO!

[Doc]

I'm surprised that Game Informer would let such an error go by, Pro-Nintendo things in their magazine? IMPOSSIBLE!

[Jedi Master Baiter]

Game Informer sucks.... & blows. They need to lay off the ferrets.

[JC]

http://www.msnbc.msn.com/id/19509017/

[kite200]

game informer is free

[Jedi Master Baiter]

Is it? I just remember that the discount card cost $15 for half a year & that included the magazine subscription for 6 months.  At the end it just seemed like I got my money back.