Nintendo Stock Doubles In Last Few Months, Now Bigger Than Sony
- Thread starter Steven Bogos
- Start date
Sounds like good news for Nintendo, we rarely get any good Ninty news on here that isn't met with non interest/biles of condescending hate.
That and they'll be bound to make even more money as it is which is a bonus all around for them.
That and they'll be bound to make even more money as it is which is a bonus all around for them.
I'm pretty sure if you were to compare game department to game department, at the moment Sony would be worth more.
However Sony's consoles department is not the ENTIRETY of Sony corporation, and if I'm not mistaken all of those branches are fast sinking ships unless they can get a big turn around. Whereas Nintendo is only in the videogame making sphere (and Hanafuda cards if you really care about that).
It's actually really troubling to see that Nintendo has exceeded Sony in that regards.
Mainly because investors know that even the the PS4 is doing well now, the console side of things will not be able to hold up the corporation by itself. Not without some serious hacking off.
However Sony's consoles department is not the ENTIRETY of Sony corporation, and if I'm not mistaken all of those branches are fast sinking ships unless they can get a big turn around. Whereas Nintendo is only in the videogame making sphere (and Hanafuda cards if you really care about that).
It's actually really troubling to see that Nintendo has exceeded Sony in that regards.
Mainly because investors know that even the the PS4 is doing well now, the console side of things will not be able to hold up the corporation by itself. Not without some serious hacking off.
woah, hold your horses, darling. might want to read what i wrote again. i said back in the day, which refers to the past. the use of the past tense shows that i'm talking about... the past. saying it's not as widespread anymore but older people sometimes still do it shows again that i think the stereotype belongs to the past and only the parents of people who are parents now use it. Yet you somehow decided that i'm talking about modern parents, while i was clearly talking about the 50+ generation(AKA the past generation of parents). and then you conclude that i'm wrong because it's an outdated view that only the 50+ generation hangs on to...Sleekit said:
That's actually something I wanna know too, because in the lat couple of years China and Japan's governments have no been seeing eye to eye very well, and it be weird that suddenly they'd love one Japanese based and founded company over another. Only thing that would pop in my head for China hating Sony would be Foxconn construction, and that wouldn't explain liking Microsoft then because Microsoft also constructs Xbox Ones at Foxconn. Then again, most modern electronics are made at Foxconn now.VG_Addict said:
Yeah, that's the big problem; despite Sony bragging about the PS4 it doesn't look to be reversing the company's BIGGER problems. Heck, I doubt the PS4 is even making a dent in Sony's insanely high debts. And despite all that NINTENDO is the one that apparently is on the brink of irrelevance according to websites and "analysts". Wake me up when people start being logical again.Dragonbums said:
Well, its kind of because diversification is a weird thing. As bad as it might seem that Sony has multiple branches in the deep negatives, the entire reason there are so many branches is so that it isn't actually that bad when something goes negative.Dragonbums said:
It may seem like the gaming division would be doing so much better on its own, but if it ever starts to slip then it needs to depend on some of the other branches to level it out, just as those branches are depending on the gaming division lately. Its just crappy luck lately that there are more branches pulling down than up. They have been recovering somewhat though, so things may be looking up.
Not a surprise that Nintendo stock is better at the moment than Sony. It's already been pointed out here that the Playstation brand is the only good part of Sony's business at the moment. Everything else is losing to the likes of Samsung by a large margin.
Plus, the great sales and praise of the newer Nintendo games should have raised their stocks a bit right? Apparently lots of Wii Us were sold in Japan in the last few months, and there is a really good chance there were stronger sales in North America too. Don't forget Pokemon and all the 3DSs that probably sold too.
Oh wait, I forgot, Nintendo still has to go third party because of reasons.
Plus, the great sales and praise of the newer Nintendo games should have raised their stocks a bit right? Apparently lots of Wii Us were sold in Japan in the last few months, and there is a really good chance there were stronger sales in North America too. Don't forget Pokemon and all the 3DSs that probably sold too.
Oh wait, I forgot, Nintendo still has to go third party because of reasons.
The thing is is that it's not just a couple of branches that are doing bad and others are doing stellar. It's that most of the other branches are doing bad, or are losing their presence in their respective industries, with only one branch doing well. A branch- that you must remember, just 3 years ago sunk the entire corporation in a $5billion dollar debt that they only just got out of in the final years of the PS3.EvilRoy said:
The thing is is that it's not just a couple of branches that are doing bad and others are doing stellar. It's that most of the other branches are doing bad, or are losing their presence in their respective industries, with only one branch doing well. A branch- that you must remember, just 3 years ago sunk the entire corporation in a $5billion dollar debt that they only just got out of in the final years of the PS3.[/quote]Dragonbums said:
True, but if those divisions do start to endanger the company at large they can fulfill their second purpose which is to act as sacrificial lambs. The company would certainly suffer a heavy strike to stock, but it tends to be very recoverable since the lead weight has been removed. Plus the company has its major fallback, the insurance division, which makes the profit responsible for keeping the other divisions from sinking the company.
Not to mention the fact that a lot of the consoles are manufactured in Japan that there are sure to be some who took notice of what was in them and could eventually make one of their own. I think that'd be very interesting actually. I also wonder if it'd be available in all of Asia. Mainly because with Nintendo for the longest time couldn't sell their products in other Asian countries (Console ban in Chine, and then South Korea's ban until 1998 and 2004)Sleekit said:
Yeah, not exactly the best position to be in. From what I understand, they still plan to cut a few hundred jobs over the year. Layoffs are NEVER good. Basically no part of Sony is able to compete in their respective markets well except for the games division and only having ONE division be profitable is ever goodDragonbums said:
If that were the case than the gaming division would most definitely of been the first branch to get the axe because I don't a branch that sunk them in a $5billion debt, and forced them to sell both their US headquarters was worth keeping. Of course I'm also suspecting that a lot of heads went rolling, and there was a huge dose of dog begging on the games division part to keep the console sector of Sony alive. I also guess it helped that the PS line has been successful prior unlike the Xbox division.EvilRoy said:
That's still a heavy loss to Sony regardless. Going from a multimedia entertainment industry with influence around the world to simply a Japanese insurance agency is still a pretty high fall from grace regardless if that still makes them enough money to support their other dying branches. While it means that Sony doesn't shut down, it does mean that investors aren't going to be all that chipper to put their stock money into a company that's only real influence is in Japan and the surrounding areas.
After Pokemon X/Y, I knew Nintendo was due for a rebound. Good for them.
I still don't have any further interest in their product lineup though.
I guess I did learn something new today.
Given that China is a MASSIVE consumer of Online-Only games and is run by a government who is the definitive example of "control freak"; they could be the counter-push that standardizes Always-Online on Consoles for the rest of the world.
It's pure speculation on my part, I admit, but I've been pessimistic about many practices before only to be proven absolutely right (DLC, on-disc locked content, DRM, Always Online disasters..)
I still don't have any further interest in their product lineup though.
Wait, someone in Asia LIKES Microsoft over Sony??Magenera said:
I guess I did learn something new today.
I am inclined to agree. Though I think it will be a change for the worse.VG_Addict said:
Given that China is a MASSIVE consumer of Online-Only games and is run by a government who is the definitive example of "control freak"; they could be the counter-push that standardizes Always-Online on Consoles for the rest of the world.
It's pure speculation on my part, I admit, but I've been pessimistic about many practices before only to be proven absolutely right (DLC, on-disc locked content, DRM, Always Online disasters..)
While Sony has these titles and seems to be trying to get in on Nintendo's terf its really really really freaking hard to do so. I'd equate it to someone with a level 5 Charmander fighting against a level 100 Arceus. It won't end well. I mean we all did see what happened when Sony made the PSP and Vita right? I mean I love KH: Birth by Sleep on my PSP but other then that it does nothing for me.MrBaskerville said:
Personally I just think its a shame that Nintendo is the only one that has constantly aimed at that market because of it no one else can get a foot hold in it.
Well I don't think it's on the chopping block much anymore, especially with how invested the CEO of Sony is with the Playstation brand himself. I mean hell, the only reason that Xbox continued on was because both Bill Gates and Steve Ballmer supported it. Really while the PS3 failed in many way thanks to Crazy Ken, it still managed to help move some things in the industry forward. Such as Bluray discs which are now standard on all 3 consoles (Wii U's is modified Bluray tech).Dragonbums said:
Anyway, it's not always a loss when going from multimedia or other things and focusing on less products. SEGA is a prime example as when they dropped out of the console race the entire company was restructured to being a software only company, and now they are worth 4.9 billion and have a bunch in reserves as well. They took an initial hit, but recovered, and if Sony dropped some of the ones that constantly failed then it can restructure around it. Companies do it all the time. In the end though, they make more in Insurance than anything, and so Sony going completely under isn't necessarily gonna happen because of the insurance sector. If anything I'm thinking Sony should just drop from the TV sector because while they were once giants, Samsung has pushed them out of that market.
In the end though the PSP sold 80 million units worldwide, which isn't bad for the company's first handheld. Definitely better than the last handheld that actually tried to compete with Nintendo, the SEGA Game Gear. Didn't help as well that a lot of PSP games sadly were never localized, because the Japanese PSP games list is amazing.KazeAizen said:
PS Vita is in the stinker though, but there is some possible hope for it with the PS4. Only really big problem with Sony and the Vita right now are the games, and the memory card price.