Switch

Switch pushes Nintendo’s market cap past Sony

Even double over where it was when Pokemon Go hit.

Advertisement

The Nintendo Switch is doing wonders for Nintendo, not just in terms of volume of sales but it’s helping Nintendo’s stock price and overall market value to boost to the highest it’s been since 2008.

This puts Nintendo’s market capitalisation now over Sony’s, all of Sony as well – including their electronics, movies, music and TV markets.

Nintendo’s share price has continuously risen since the Switch was launched in March, recent news of Nintendo boosting shipments for later in the year helping out as well.

We’ll find out how Nintendo is doing later this week when their financial results are released.

Source: Nikkei

Daniel Vuckovic

The Owner and Creator of this fair website. I also do news, reviews, programming, art and social media here. It is named after me after all. Please understand.

Share
Published by
Daniel Vuckovic