Wii U sales might still be a disaster but the opening of the Chinese market has boosted Nintendo’s market value back ahead of Sony. According to the business markets Nintendo now has a market value higher than all of Sony combined, as Nintendo’s stock has more than doubled over the last few months. The situation seems bizarre given how poorly the Wii U continues to do but a disappointing earnings report from Sony in November has seen its market capitalisation (the total value of all its shares) fall to $17.7 billion.
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Wii U sales might still be a disaster but the opening of the Chinese market has boosted Nintendo’s market value back ahead of Sony. According to the business markets Nintendo now has a market value higher than all of Sony combined, as Nintendo’s stock has more than doubled over the last few months. The situation seems bizarre given how poorly the Wii U continues to do but a disappointing earnings report from Sony in November has seen its market capitalisation (the total value of all its shares) fall to $17.7 billion.
Read Full Article
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