Nintendo gains more share, about to surpass Sony

Earlier today, Nintendo left Panasonic maker Matsushita in the dust as the company driven by its dual-screen handheld and waving sticks closed the gap against competitor Sony.

Ninty increased its market capitalisation to Â¥6.30 trillion, running past Matsushita’s 6.23 trillion and nearing Sony’s 6.64 trillion. These world leaders in electronics have sales eight times bigger than Nintendo, but the Wii and DS are obviously enough to stay on track.

During the last couple of years, the folks responsible for the PS3 earned 72% increase in shares. It fades in comparison to Nintendo, which experienced shares growth four-fold during the same period.

KBC Securities analyst Hiroshi Kamide comments:

Nintendo is a market leader in everything it does now, which is basically the handheld as well as console gaming market. We haven’t seen Nintendo being a market leader in both products for over a decade. It shows what a fantastic market position Nintendo has at the moment in its industry.

Sounds good, considering that the GameCube failed hard last consoles race. Not saying that Sony is having a hard time, but let’s hope everyone learns from Ninty’s model which appears to be very effective. Affordable and fun games for everyone? We’re in!

Via Reuters UK

Earlier today, Nintendo left Panasonic maker Matsushita in the dust as the company driven by its dual-screen handheld and waving sticks closed the gap against competitor Sony.

Ninty increased its market capitalisation to Â¥6.30 trillion, running past Matsushita’s 6.23 trillion and nearing Sony’s 6.64 trillion. These world leaders in electronics have sales eight times bigger than Nintendo, but the Wii and DS are obviously enough to stay on track.

During the last couple of years, the folks responsible for the PS3 earned 72% increase in shares. It fades in comparison to Nintendo, which experienced shares growth four-fold during the same period.

KBC Securities analyst Hiroshi Kamide comments:

Nintendo is a market leader in everything it does now, which is basically the handheld as well as console gaming market. We haven’t seen Nintendo being a market leader in both products for over a decade. It shows what a fantastic market position Nintendo has at the moment in its industry.

Sounds good, considering that the GameCube failed hard last consoles race. Not saying that Sony is having a hard time, but let’s hope everyone learns from Ninty’s model which appears to be very effective. Affordable and fun games for everyone? We’re in!

Via Reuters UK