Nintendo’s Market Value Close To Sony’s

June 20th, 2007 by James Hyde in Business, Nintendo DS, Wii

Forget about “Nintendo the underdog” - Nintendo’s market value has risen to $51 billion, just under Sony’s $53 billion. Sony is the largest electronics manufacturer in the world, with total revenues 8 times larger than Nintendo, but Nintendo’s stock has risen 400 percent over the past two years, compared to Sony’s 72 percent increase.

This is an indicator just how well financially Nintendo is doing, the DS and Wii are money machines for Nintendo, and their first party software continues to top the charts all over the world. The DS and Wii are market leaders in all regions, a position Nintendo hasn’t had in a long time. Currently worldwide sales of the DS are at 45 million, Wii at 8 million.

Tags: Business, Nintendo DS, Wii