Nintendo closes in on Sony in market value

[Da Ill One]

Nintendo closes in on Sony in market value | Technology, Media & Telecom | Reuters

TOKYO, June 20 (Reuters) - Nintendo Co. Ltd. (7974.OS: Quote, Profile, Research) on Wednesday shot past Panasonic maker Matsu****a (6752.T: Quote, Profile, Research) in market value and closed in on rival Sony Corp. (6758.T: Quote, Profile, Research) as investors took heart from white hot demand for its Wii and DS game gear.

Nintendo shares closed up 1.4 percent at 44,500 yen, increasing its market capitalisation to 6.30 trillion yen ($51 billion).

That compares with Matsu****a's 6.23 trillion yen and 6.64 trillion yen for Sony -- the world's largest and second-largest consumer electronics makers, each having sales more than eight times as big as Nintendo.

Shares in Nintendo, known for such game characters as Mario, Donkey Kong and Pokemon, have been on an uptrend over the past two years, driven initially by strong sales of its DS handheld players, and recently by growing popularity of the Wii console.

Nintendo launched the Wii in November. The device features a motion-sensitive controller that allows users to direct on-screen play by swinging it like a tennis racket or wielding it like a sword, opening a new avenue of game playing.

Sony also started selling its PlayStation 3 late last year, but it has seen slow demand so far due to its high price tag and limited availability of attractive software titles.

Nintendo's Wii outsold the PS3 by more than five to one in Japan in May, according to game magazine publisher Enterbrain.

"Nintendo is a market leader in everything it does now, which is basically the handheld as well as console gaming market. We haven't seen Nintendo being a market leader in both products for over a decade," KBC Securities analyst Hiroshi Kamide said.

"It shows what a fantastic market position Nintendo has at the moment in its industry."

Shares in Sony have gained 72 percent during the last two years, outperforming the Nikkei average's (.N225: Quote, Profile, Research) 59 percent rise. But the performance is far outstripped by Nintendo shares, which jumped nearly four-fold over the same period.

Matsu****a shares have put on 52 percent.

((Editing by Malcolm Whittaker; Reuters Messaging: kiyoshi.takenaka.reuters.com@reuters.net; +81-3-3432-8837; kiyoshi.takenaka@reuters.com))

($1=123.36 Yen) Keywords: NINTENDO SONY/

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[t-nodz]

the question is: has nintendo sold more wiis than GCNs?

nintedno said the goal of the revolution (yeah, this was that long ago) was to sell more units that the GCN

They said if they didn't, then it would be a complete failure

i wish i had a source for this, but it was a while ago, so i don't, but u'l have to take my word for it

[ninjask88]

Way to go Nintendo. Rake in the money and beat Sony. YAY

[Da Ill One]

Originally Posted by t-nodz

the question is: has nintendo sold more wiis than GCNs?

nintedno said the goal of the revolution (yeah, this was that long ago) was to sell more units that the GCN

They said if they didn't, then it would be a complete failure

i wish i had a source for this, but it was a while ago, so i don't, but u'l have to take my word for it

The Gamecube has just passed 10 million units sold in the US, bringing it to 19.31 million worldwide, and 169.51 million Gamecube games have been sold since September.

Source: Reuters

So far the Wii has sold 2.7 Million in the US alone and is at 9 million worldwide...so teh Wii has not sold more then GCN..YET but the Wii has a third of it's sales in less then a year...so I'm sure Nintendo is happy...

and this news I posted means that Nintendo can make more systems...they are now the number two hardware manufacturer in the world in sales... SOny is Number 1

[halojames]

how many PS2 and original xboxes were sold?

[Some1onearth]

PlayStation 2 about 120 million, XBOX about 24 million.

Playstation 2 continues to be sold today. Still in competition with the seventh generation consoles =D

[Da Ill One]

Originally Posted by halojames

how many PS2 and original xboxes were sold?

I'll put down the total units sold of EVERY console released...

Systems highlighted in red have NO sales figures available
First generation Systems
Magnavox Odyssey • PONG • Coleco Telstar

Magnavox Odyssey
Units Sold: 100,000 Worldwide (less then 2,000 US)



Second generation Systems
Atari 2600 • Interton VC 4000 • Fairchild Channel F • Odyssey² • Intellivision • Atari 5200 • ColecoVision • Arcadia 2001 • Vectrex

Atari 2600
Units Sold: 40 Million Worldwide (7.1 Million US)

Magnavox Odyssey²
Units Sold: 3.1 Million Worldwide (1 Million US)

Intellivision
Units Sold: 6 Million Worldwide (1 Million US)

ColecoVision
Units Sold: 6 Million (2 Million Us)



Third generation Systems
NES • Master System • Atari 7800

Nintendo Entertainment System
Units Sold: 61.79 Million (24.7 Million US)

Sega Master System
Units Sold: 13 Million (4 Million Us)



Fourth generation Systems
TurboGrafx-16 • Mega Drive/Genesis • Neo Geo • SNES

TurboGrafx-16/PC-Engine
Units Sold: 16 Million (2 Million US)

Sega Genesis
Units Sold: 29 Million (6 Million US)

Neo-Geo
Units Sold: 1 Million (31,000 US)

Super Nintendo Entertainment System
Units Sold: 49 Million (13 Million US)



Fifth generation Systems
3DO • Amiga CD32 • Jaguar • Saturn • PlayStation • Nintendo 64

3DO Interactive Multiplayer
Units Sold: 6 Million (300,000 US)

Atari Jaguar
Units Sold: 319,000 (19,000 US)

Sega Saturn
Units Sold: 10 Million (2.7 Million US)

Sony PlayStation aKa PSOne
Units Sold: 102.49 Million (39 MIllion US)

Nintendo 64
Units Sold: 32.93 Million (6 Million US)



Sixth generation Systems
Dreamcast • PlayStation 2 • GameCube • Xbox

Sega Dreamcast
Units Sold: 10.6 Million (4 Million US)

Sony PlayStation 2 aKa PS2
Units Sold: 120.10 million (47.68 million US)

Gamecube
Units Sold: 19.31 million (10.1 Million US)

Original Xbox
Units Sold: 24 million Worldwide



Seventh generation Systems *Sales current as of 06/02/2007*
Xbox 360 • PlayStation 3 • Wii

Xbox 360
Units Sold: 10.4 Million (4.5 Million US)

Sony PlayStation 3 aKa PS3
Units Sold: 3.8 Million (1.3 Million US)

Nintendo Wii
Units Sold: 7.87 Million (3.2 Million US)

[t-nodz]

Originally Posted by Da Ill One

Intellivision
Units Sold: 6 Million Worldwide (1 Million US)

^^^^^proud owner

[halojames]

damn sony owned the world last generation PS2 best selling system

[Chris]

Wii is selling great but in no way will it catch up to PS3 sales. ABout 100 million worldwide last time I checked