Nintendo runs over Sony market value in Japan
With Nintendo’s momentum driven by the DS and Wii, it was only a matter of time ’til Sony fell behind. After a decade of domination, the carrier of the PlayStation brand has finally been overtaken by Ninty in their home country.
Nintendo shares in Japan went up 1.9% to ¥46, 300 (US$ 374), increasing market value to ¥6.56 trillion (US$ 53 billion). Sony, on the other hand, lost 0.9% and dropped to ¥6,490 (US$ 52) with a market value at ¥6.51 trillion.
Unlike Blu-ray’s success over HD-DVD, Sony’s console and handheld are losing to Nintendo. It’s no secret that the Wii and DS are outselling the PS3 and 360 in almost all corners of the world.
Then again, the difference between Sony and Nintendo’s market values aren’t that far apart. A lot of us simply don’t see Sony backing down anytime soon. It’s pretty obvious who’s got favorable winds pushing them through, but we’ll have to wait and see how long Nintendo can keep the momentum.
With Nintendo’s momentum driven by the DS and Wii, it was only a matter of time ’til Sony fell behind. After a decade of domination, the carrier of the PlayStation brand has finally been overtaken by Ninty in their home country.
Nintendo shares in Japan went up 1.9% to ¥46, 300 (US$ 374), increasing market value to ¥6.56 trillion (US$ 53 billion). Sony, on the other hand, lost 0.9% and dropped to ¥6,490 (US$ 52) with a market value at ¥6.51 trillion.
Unlike Blu-ray’s success over HD-DVD, Sony’s console and handheld are losing to Nintendo. It’s no secret that the Wii and DS are outselling the PS3 and 360 in almost all corners of the world.
Then again, the difference between Sony and Nintendo’s market values aren’t that far apart. A lot of us simply don’t see Sony backing down anytime soon. It’s pretty obvious who’s got favorable winds pushing them through, but we’ll have to wait and see how long Nintendo can keep the momentum.
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