Submission + - Nintendo's Market Value Exceeds Sony's (japantimes.co.jp)
AgentPaper writes: "Today's Japan Times reports that Nintendo Ltd.'s market capitalization exceeded that of Sony Corp. (the parent company, not just Sony Computer Entertainment!) for the first time, despite the fact that Sony generates eight times Nintendo's revenue on average per year. Record-high share prices on the Nikkei stock exchange pushed Nintendo's value to 6.57 trillion yen against Sony's 6.48 trillion. Financial analysts pointed to strong sales of Nintendo's Wii console and DS handheld as the cause of the surge, noting that the Wii has outsold Sony's flagship Playstation 3 by a 5:1 margin in Japan and in North America and is forecast to continue doing so through year's end."
