News has emerged that suggests Nintendo now has a market value higher than all of Sony combined. Nintendo has recently been performing well for investors as their stock prices are currently on the rise and they have a market capitalisation that now stands at $18.4 billion. The Kyoto based company’s share price has also been boosted by the announcement that China will lift its ban on home consoles. Sony has seen extremely positive sales of the recently released PlayStation 4, but has had some movies perform below expectations such as After Earth and problems at the company’s music and laptop divisions.
News has emerged that suggests Nintendo now has a market value higher than all of Sony combined. Nintendo has recently been performing well for investors as their stock prices are currently on the rise and they have a market capitalisation that now stands at $18.4 billion. The Kyoto based company’s share price has also been boosted by the announcement that China will lift its ban on home consoles. Sony has seen extremely positive sales of the recently released PlayStation 4, but has had some movies perform below expectations such as After Earth and problems at the company’s music and laptop divisions.
Source: http://mynintendonews.com/2014/01/08/nintendo-now-valued-as-bigger-company-than-sony/#comments