Nintendo Market Value Twice that of Sony’s
The company’s quarterly profit rose by 31.5 percent since last year, from 90.63 billion yen a year earlier to 119.19 billion yen. That’s roughly 500 million pounds.
Sales of the Wii have jumped by 51 percent since Q1 2007 to 5.17 million units since April. In the same quarter, PS3 sales reached 1.56 million units and Xbox 360 shipments hit 1.3 million units.
Nintendo now has a market value of $76 billion—twice that of Sony’s according to Reuters. Nintendo’s raking in a lot of green for sure! Let’s hope it doesn’t all go to their heads.
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