25-06-2007, 23:11
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#1
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cf.mega poster
Join Date: Dec 2003
Age: 49
Posts: 7,099
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Nintendo Bigger than Sony - Official
Wow... who would've thunked it?!?
source: http://business.guardian.co.uk/story/0,,2110771,00.html
Quote:
Nintendo struck a symbolic blow against Sony today as its market capitalisation shot past its long-time rival.
In trading in Japan on Monday, Nintendo shares hit an all-time high of 46,350 yen, valuing the group at 6.56 trillion yen (£26.5bn). This was enough to overtake Sony, whose shares were down over 1%, giving it a market capitalisation of 6.5 trillion yen.
Analysts said this underlined the differing fortunes of the two electronics giants. While Sony's shares have gained around 40% over the last 12 months, Nintendo's shares have more than doubled.
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