What is Digg?69 Comments
- qwerty1024, on 10/17/2007, -2/+47This is what happens when a whole country trains their brains for 2 years
- inactive, on 10/10/2007, -1/+30I wonder if I can buy some Nintendo stock directly from my Wii?
- atomicpoet, on 10/10/2007, -2/+26And to think that Sony owns a music label, a movie studio, several consumer electronics divisions, and Nintendo only is in the video game business.
Either Sony is in a lot of trouble or the video game business is really that big. (This is not a knock against Sony, by the way.) - djSyndrome, on 10/10/2007, -1/+21This is stock value, not cash reserves, assets, or any other measure of company 'size'. Sony as a whole is a much, much larger company than Nintendo. But Nintendo's stock is on fire and Sony's, well, isn't.
- cambrown99, on 10/10/2007, -0/+20Advice to Nintendo: stay humble. We like you much better as a humble, creative company than we did during your arrogant years.
- ahawks, on 10/10/2007, -2/+21Back before the wii launch, I saw this coming. I told everyone I knew "I should really buy some nintendo stock." It was $22/share then.
It's now $64/share. I did not buy
*kicks self* - inactive, on 10/10/2007, -1/+19golden axe!
- Zippo, on 10/10/2007, -0/+18Odd as it may sound, the 1UP sound effect comes to mind when I read this.
- motang, on 10/10/2007, -4/+20Wow...that is some accomplishment!
- plhearn, on 10/10/2007, -1/+17I'm sure you can if you just use to the Wii browser and go to etrade or another site that sells stock online.
- inactive, on 10/10/2007, -0/+156400 wiipoints = 1 share :)
- WolverineBlue, on 10/10/2007, -1/+15Read the article; they're #2 in market value, not stock price. (market value=stock price*number of shares) Market value actually IS a good measure of size.
- davidemm, on 10/10/2007, -0/+13"Shares in Nintendo closed up 3.1 percent at 59,200 yen on Tuesday, bringing its market value to 8.39 trillion yen (36.4 billion pounds, ~72 billion dollars), surpassing Canon's market capitalisation of 8.12 trillion yen."
From yahoo finance Sony is rated at $47.23 Billion
So Nintendo is bigger than Sony. It would cost more money to buy Nintendo out than Sony. - FishyJoe, on 10/10/2007, -0/+12Nintendo makes more profit than Sony. If a company doesn't make much profit, how much value is it to an investor? Nintendo also has an 80% growth rate and 23% profit margins. In the business world, that is gold.
- davidemm, on 10/10/2007, -0/+12Here's the 2006 list of biggest Japanese stocks if you're curious. Nintendo has had a HUGE jump.
http://seekingalpha.com/article/23426-japan-2006-m ... - DanteDefiance, on 10/10/2007, -2/+13Buried as inaccurate. The reason Nintendo is so profitable is because they print money.
- inactive, on 10/10/2007, -1/+11forget sony, honda & panasonic are probably more angry
- ingoldsby, on 10/10/2007, -0/+9Sales in the US of hardware/games reached $12.6 billion in 2006 and it's only going to get better if it follows current trends. Video game sales are predicted to be worth $48.9 billion by 2011 worldwide. They are also projected to overtake the music sector in 2008. That's some big money.
- cambrown99, on 10/10/2007, -0/+9Holy crap! According to that chart, Nintendo has jumped from #42 in 2005, to #17, in 2006, and is now #2 in 2007. That's amazing!
- AntBing, on 10/10/2007, -0/+8Clearly Canadian.
- bromac, on 10/10/2007, -1/+9There's still time, I'm guessing.
- atomicpoet, on 10/10/2007, -0/+7Only this story isn't about Nintendo "beating" MS or Sony. It's about Nintendo's stock price.
And if "anyone" an sell "that many" consoles, why haven't *you* done it yet? - inactive, on 10/10/2007, -3/+10Nintendo needs to get back into the cereal biz
- ic3man, on 10/10/2007, -0/+6Dugg down for trying to fanboy inconspicously, and being an idiot while doing it
- mourne, on 10/10/2007, -2/+7I think pmuse brings up a good point. Stock value is also calculated by dilution as well
- DreKor, on 10/10/2007, -0/+5Seems to me that Sony is a Japanese company, and seems to me that their stock isn't in the #2 slot. Seems to me that Nintendo is doing just fine with their business model.
- nearlygod, on 10/10/2007, -0/+5I have 700 wii points I haven't used yet. What will that get me?
- atomicpoet, on 10/10/2007, -1/+5You mean like Wii Fit?
- hasahugedig, on 10/10/2007, -0/+4part of that low attach-rate is because a lot of the 3rd party developers took a wait and see approach on the Wii and didn't spend much development time at all for the console. So what you see from many of the earlier games are just rushed products and not very well thought out. Also a lot of people usually buy games when they become bored with what they have. A lot of people still play Wii Sports everyday. They aren't bored of it yet, so why get a new game? I haven't bought a PC games in years. I blame World of Warcrack.
- IndigoMoss, on 10/10/2007, -0/+4Well let's just hope that 3rd parties start making more good games for it. No More Heroes looks pretty awesome, but that's the only game that really interests me from a 3rd party developer.
- Coffeedemon, on 10/10/2007, -1/+5Not with just games and game hardware... sure they're higher than Sony but consider the revenue that moves through an auto company like Toyota.
- cambrown99, on 10/10/2007, -0/+4"...once the Wii really takes off."
Um... have you been in a coma the past 10 months? - doshindude, on 10/10/2007, -1/+5an NES game.
- Shuk, on 10/10/2007, -5/+8Now maybe they can make a new game franchise!
- inactive, on 10/10/2007, -0/+3well these stocks are better than 2k stocks aren't they
- Renton, on 10/10/2007, -2/+5It's sales are great now, but it has the potential to go way higher. Imagine how high sales could go if Nintendo creates a steady supply every month and 3rd party devs start making some high quality games. The Wii is still in it's first year game drought.
- Renton, on 10/10/2007, -1/+4I wonder If they'll ever become #1. They will pretty much have to triple their value, but it might be possible once the Wii really takes off.
- dagamer34, on 10/10/2007, -0/+2Because Sony doesn't really "own" most of those companies. They aren't subsidiaries but joint partnerships.
- ericrous, on 10/10/2007, -0/+2That would explain why the last $20 bill I got had a picture of Mario on it.
- Mitaphane, on 10/10/2007, -0/+2On the Tokyo Stock Exchange it trades under 79740. Due to its classification you have to buy minimum of 100 shares. Luckily, for the American investor with not that much capital you can trade the ADR (http://en.wikipedia.org/wiki/American_Depositary_R ... listed as NTDOY on the NASDAQ. At 1/8 the value of 79740 you can 1 share or more for the price around $65 each.
- ZenMojo, on 10/10/2007, -0/+2Several factors go into market price. For instance, if a company is private or semi-public it has much less market value because less of the company can actually be sold. A company goes semi-public by buying treasury stock, in other words, it buys back its own stocks and takes it off the market. It is actually difficult to tell how well a company is doing solely by its stock, and it can be said that the stock is a better measure of investor confidence in the company and very little else.
As a better example, Microsoft has far greater market value and profit than Sony and Nintendo, but Sony has the greatest raw revenue, assets, and number of employees than the other two companies. - jfujita, on 10/10/2007, -0/+1I think there is still a large amount of upside. It is very likely that the Nintendo will have a successful holiday season and there is potential for a game like Wii Fit to become a new fad. I cant see any reason for a downtrend until the holiday season is over.
- atomicpoet, on 10/10/2007, -0/+1It's not that much of an accomplishment to surpass the music industry nowadays. The big labels are dying and I would be surprised if they all had to merge in the next five years in order to stave off bankruptcy. More intriguing to me is what the music industry *could* learn from the video game industry in order to stay profitable.
- Darkside2984, on 10/10/2007, -1/+2Long live the (original) king!!!
- Mitaphane, on 10/10/2007, -0/+1So did I, except I actually bought the stock and I'm still telling people to buy it. This stock is still a great buy, Nintendo is creating like 70% growth in the gaming market (growth is king with stocks) and is making money off a console they can't keep in stock. Add in Nintendo's conservative management that puts out earnings estimates it often beats, the fact game console makers make the real bank off game royalties, Oprah pitching Wii Fit, plus a bunch of ways for Nintendo to make $$$ of the Wii & DS, and you have a great number of profits coming in for Nintendo for some time. Just wait for the stock's price to pull back (like it did a while back when there was panic selling over credit/sub-prime mortgage worries weeks ago) and get ready to get in at good price.
- Mrstupid7, on 10/10/2007, -0/+1The SNES was a god amongst consoles.
- slipdisc2, on 10/10/2007, -0/+1Valuable or volatile?
- jfujita, on 10/10/2007, -0/+1Renton you have a good point. Game makers make most of their profit from licenses from games not hardware sales. It is one of the reason why Sony and Microsoft are selling hardwares at a loss. Money will really start flowing once there are many 3rd Party devs making games for the Wii.
- jfujita, on 10/10/2007, -0/+1No minimum if you buy the Nintendo ADR (NTDOY). There is a minimum of a 100 shares if you want to buy the Japanese Nintendo stock (7974).
- Mrstupid7, on 10/10/2007, -0/+1Using the wii remote is a bit more immersive than shiny graphics and lens flares.
-
Show 51 - 69 of 69 discussions
© Digg Inc. 2009
— Content created and posted by Digg users is