14 DAY TRIAL // A few months ago, Nintendo started showing off some impressive NPD figures, with the Wii rocketing towards winning the next-gen console war and with the DS recording the best sales for a gaming handheld ever. Now, it looks like Nintendo is even going to beat Sony, currently occupying the second position for the biggest manufacturers of consumer electronics in the world, regarding market value.
Reuters reports that Nintendo has actually overtaken Matsushita (Panasonic's manufacturer), meaning that it has become the second biggest manufacturer of consumer electronics, in terms of market value.
Wednesday showed that Nintendo's shares rose 1.4 percent, increasing their market capitalization to 6.3 trillion yen (approximately $51 billion). As the site reports, that compares with Matsushita's 6.23 trillion yen and 6.64 trillion yen for Sony, which everyone knows it is the world's largest consumer electronics makers.
Thus, as DS sales and Wii popularity have grown constantly, Nintendo has only been climbing the ladder over the past two years, even though Sony, with all of its departments has had sales more than eight times as big as Nintendo's. That's that!
As far as Sony's shares are concerned, they've risen 72% in the last two years, as Reuters posts, while Nintendo's shares have made a huge jump to an astounding 400%. The next logical question would be: "Is an overtaking of Sony for the number one spot inevitable?" The same site provides the answer saying that although they've still got their way cut out for them, Nintendo has come quite far in a short period of time, so yeah, by the looks of things, anything's possible now.
Basically, all Nintendo has to do is keep it up. Some say that the Wii's popularity will shortly and quickly fade away, much in the same way as it gained its popularity. As for the DS, there are absolutely no problems on that one. It sells wonderfully and will continue to sell this well for quite some time. It's the Wii that has to keep appealing to the public (and not only to the gaming public).