Sunday, June 24, 2007

Nintendo Surpasses Sony in Market Value as Wii Game Console Outsells PS3

(Bloomberg) -- Nintendo Co., the world's largest
maker of handheld game players, surpassed Sony Corp. in market
value as its Wii home console outsells the rival PlayStation 3.

Shares of Nintendo, based in Kyoto, western Japan, rose 1.8
percent to 46,250 yen as of 10:33 a.m. on the Osaka Securities
Exchange, valuing the company at 6.55 trillion yen ($53 billion).
Sony stock fell 0.8 percent to 6,500 yen, giving the Tokyo-based
company a value of 6.51 trillion yen.


Read more at Bloomberg Stocks News

No comments: