Nintendo Is Catching Up With Sony

Home : News : News Story

According to Reuters, Nintendo's market value is on the verge of catching up with rival Sony as the console war rages on.


Reuters are reporting that Nintendo's market value this gen is close to rivalling that of Sony's, as consumer demand for the DS and Wii continue to take centre stage.

The report documents that Nintendo's worth totals in at JPY 6.30 trillion (EUR 37.9 bn), cementing the firm as the second largest consumer electronics provider rivalled only by Sony's JPY 6.64 trillion.

"Nintendo is a market leader in everything it does now, which is basically the handheld as well as console gaming market," observed KBC analyst, Hiroshi Kamide.

"We haven't seen Nintendo being a market leader in both products for over a decade."

Additionally, the company's share price has risen by almost 400 per cent in the last two years, with Sony recording a growth of 72 per cent.

Jun 22, 2007

News by Michael Harradence.

Send this news story to a friend.

Add a new comment below

Recent news stories

October 2, 2008

Dragon Quest IX Japanese Date
Officially scheduled for a “March 2009” launch.

Penny Arcade Episode Two Goes Gold
Prepped and ready for launch later this Fall.

Wii Storage Solution Detailed
Software/channels to become SD Card compatible.

Video: Nintendo DS Line-Up
Another montage trailer, this time for the DS.

GameCube Titles Coming To Wii
Pikmin set to be the first re-released series.

Video: Wii Software Line-up
A montage trailer from Nintendo's recent conference.

Nintendo Officially Announces New DS
The 'DSi' will feature a larger screen and a built-in camera.

October 1, 2008

MEME Expansion coming for MGO
Metal Gear Online getting another set of maps, new characters.

Hudson Details TGS Line-Up
Fishing Master, Kororinpa 2, and Bomberman Ultra.

Queen Coming To The SingStore
Two SongPacks scheduled for imminent release.


EverWars.com - You have GOT to play this game!