180°

Nintendo Is Now Worth More Than Tesla, Netflix, Yahoo

Investors: "How much bigger is Nintendo now?

With a market cap of $40.6 billion at Tuesday's close, it's now bigger than gaming peers Activision (ATVI), Electronic Arts (EA) and Sony (SNE). Perhaps more surprisingly, the "Legend of Zelda" and "Super Mario" maker is now bigger than Tesla (TSLA), Netflix (NFLX) and Yahoo (YHOO)."

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investors.com
2829d ago Replies(1)
Erik73572829d ago (Edited 2829d ago )

" Will move my PS Neo preorder money over to the NX." Lol
He goes on to this site and thinks "What can I say to genuinely piss someone off today and start a comment war with some kid on n4g?"

doubt this will get approved btw, like we don't need another one of these talking about what companies its stock is more valuable than.

tanukisuit2828d ago

It's like Souls games, better not to rate/reply the comment and ignore the junk message entirely.

BullyMangler2828d ago

more than Tesla ? .

Nintendo to surpass the Bilderbergs

curtis922828d ago

But the question is, after the GO fad (and it is a fad once moms, grandmas and aunties are playing something) wears off, what's left? NX, by all accounts, has an extraordinary uphill battle ahead of it, just like the WiiU had. The surge is great for N right now but IMO there isn't really anything sustainable behind it with any kind of longevity. Not unless they can keep repeating GO's success with other things, which rarely ever happens.

Metallox2828d ago

Isn't this surge caused by the hype from investors about Nintendo's future in the mobile market rather than Pokémon GO's success? Like, they are aware the trick is working so everything goes up, not because of GO itself.

gamerswin242828d ago

Yes and in a few months it can quickly dissipate and the stock can go down then stabilize. I remember some on here were touting MiiToo as something big and quickly disappeared. ill admit Pokemon has more staying power but Nintendo would have to make sure it is constantly updated and new things are added to keep it relevant and not die off. I mean games like Candy Crush, Temple Run, etccc has shown that some games can have that staying power. Even Minecraft although not the same has kept going for years!!!!

iceman062828d ago

It's a combination of both. Investors were excited about the proposition of Nintendo to the mobile market and Pokemon Go is proving, at least in the short term, to be a successful venture.

jcnba282828d ago

Fad? Moms? Grandmas?

News flash buddy everyone is playing the game, casuals, hardcore etc.

The game will be huge for a long time.

joeorc2828d ago (Edited 2828d ago )

@jcnba2831m ago
[Fad? Moms? Grandmas?

News flash buddy everyone is playing the game, casuals, hardcore etc.

The game will be huge for a long time]

Completely agree 100%, but as for their Market Capitalization , there seems to be somewhat levelled out ..today it dropped by 13 points..that is not at all unusual in how markets work.

But the claims to say..well it's more valuable than other companies is very subjective in stock markets. Many think such and such only based on 1st glance of networth or Market Capitalization.

When the true value of a company is among many things , on evaluation Holdings, overhead pay outs, liability, patents, diverse market investing..

Since Nintendo owns the Majority of its own stock..there is still some valuation would be viewed differently those that hold stocks outside of Nintendo, than those that hold Stocks inside of Nintendo Some for example ..with Products valuation as Pokémon Go, being seen to some of high market value while some may say it's value is underrated or should be of lower value.

What's clear , based on history of the Pokémon as a IP, is that it has very strong sell through power pretty much with any release it has . in the market.

2828d ago
SUCKxITxEZ2828d ago

There was a crowd of about 300 people at a park near me, people with megaphones shouting rare Pokemon names and company's giving out free stuff like redbull. It's literally Disneyland level crowded there, just to catch Pokemon. It might be a while before this is over.

+ Show (1) more replyLast reply 2828d ago
shuvam092828d ago

So now market value decides which console is suitable for me???
N4G mods, do us a favor and keep these biz related topics out of a gaming dedicated site...

joeorc2828d ago (Edited 2828d ago )

http://www.marketwatch.com/...

Like a fickleness mistress...surprise..surprise. .it drops

So what is it valued at in market capitalization now...
Nintendo Co., Ltd
7974 (TYO)
27,765.00JPYPrice decrease 4,005.00 (12.61%)
Jul 20, 3:00 PM GMT+9 - Disclaimer

So no even in market cap now it's no longer surpassed Sony's market capitalization
Sony Corp (ADR)
SNE (NYSE)
30.52USDPrice increase0.25 (0.83%)
Jul 20, 4:02 PM EDT - Disclaimer

2828d ago
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60°

Upcoming Pokemon Go Updates Promise Dramatic Overhauls for Visuals, Photos, and More

Niantic has announced a slew of Pokemon Go updates aimed at overhauling certain aspects of the game's experience, including visuals, avatars, and more.

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techraptor.net
100°

Sony Launches BAFTA Game Awards 2024 PlayStation Store Section for Nominees

Sony has launched a BAFTA Game Awards 2024 section on the PlayStation Store that lists the different games nominated this year.

Bathyj2d ago

They did.
It's just empty.

I kid, I kid. 🙂

280°

Xbox's Preservation Step Sets A Much-Needed Example, Especially For Nintendo

Hanzla from eXputer inquires: "If Xbox can care about preserving its games and legacy, what exactly is wrong with Nintendo, trying to kill game preservation single-handedly?"

purple1014d ago

Ahh yes the good old game preservation of saving all your games to a removable hhd on the Xbox 360, taking it round your mates house, setting up multiple tvs to
Be met with “save data corrupted, please re download”

Or how about removing 360 games
From the store
, download them now or else, and, better hope to god that save data doesn’t corrupt, or it’s lost for ever

Nice one ☝️

Zeref4d ago

It's better than what Nintendo and Playstation is doing. It might not be perfect but at least they are TRYING. Unlike the others.

DarXyde3d ago

Trying? Take off the blinders for a moment, mate.

1. A failure to preserve games is just that: a failure to preserve games. Don't try to sugarcoat it: NO ONE is doing it properly. Better than awful is nothing to write home about.

2. At the time of this comment, isn't it the case that you need an internet connection to play Xbox games even if you buy physical discs that are hardly in circulation anymore? I don't have a Series X and I can't verify, but I think that is correct. I'm fairly certain you can at least play PS5 games at version 1.0 (not much of a win really when many games require day one patches). I think Microsoft's all digital, licensing approach is by far more aggressive than anyone else's. They really try to push you to game pass where you lose your entire library by umm.... Skipping a month of payments.

I don't think anyone is doing it right whatsoever. Don't get me started on Nintendo, who goes after anyone looking to preserve their games better than they ever would with extreme litigation.

Don't be a simp for any of these companies. Get it together.

PhillyDonJawn3d ago (Edited 3d ago )

@DarX never speak on Xbox again. You lost all credibility with your internet connection comment. Smh you have 0 clue and misinformed yet speaking on something you don't no squat about.

Einhander19723d ago

What has Sony done exactly? You guys keep deflecting to Sony but I am not actually seeing any results, and ai am certain nothing that you can come up with even comes close to what Microsoft has done and what they have tried and failed to do, like tie all your disks to your account on xbone.

Microsoft removed their whole indie section when they moved to the xbone because they were going to only allow games on the service that came from a publisher, id@xbox started after xbone launched and it only exists because Sony embraced indie and Microsoft was forced to cancel their plans and reverse course.

And every single game that was part of games for windows live including disk games (I have gta 4 on disk that won't work) so hundreds of games that use that DRM no longer work unless the company themselves patched it out which of course very few did.

MrBaskerville3d ago

Not trying. Tried. they killed of the backcomp program years ago. They set something up again, but sounds like it's more of an attempt to save the current library on whatever they are planning next. With luck they save everything and more, but let's see. I could see them killing off parts of the OG xbox and 360 libraries. Can't imagine that they would allow us to play Forza 5-7 in the future.

With that said, I do like what they've done and really wish they could have done more.

shinoff21833d ago

Zeref

So killing off physical media is trying what exactly. Ms don't really give a fk if you think they do your kidding yourself.

Profchaos3d ago

They are not trying this team is established for forward compatability the team is. It interested in preserving Xbox or 360 games.

+ Show (3) more repliesLast reply 3d ago
isarai4d ago

Is that why Hellblade 2 is digital only?

Zeref4d ago

Just because it's digital only doesn't mean you can't preserve it. Just put it on an external and you have the exact same functionality of what a disc does.

MrNinosan3d ago

Guess you're trolling, but if you actually think that's how it works, I'd recommend buying some braincells.

mkis0073d ago (Edited 3d ago )

Volitile vs nonvolitile data. A disc will not corrupt either. A drive can be corrupted.

Einhander19724d ago

This is just a scammy PR move to distract from the fact they are going digital only and trying to push streaming and subscriptions only.

No gaming company has pushed harder to remove ownership than Microsoft.

Without discs there is no preservation, preservation can't be done by the rights holders it can only be done by the consumers, anything else is a lie.

4d ago Replies(3)
Einhander19724d ago

Anyone remember xblig which Microsoft removed their whole 360 indie section removing hundreds of games from people?

4d ago
4d ago
Zeref4d ago

Do you know you can put your games on an external and preserve them that way? There are no benefits to discs. ZERO. Idk why some of you are still obsessed with them.

DarXyde3d ago

Because games like Persona 5 exist. It's STILL V1.00. On Playstation, that's a win because 1.00 is installed on the disc—no need to download anything.

If a game does not require any updates, it's all on the disc.

Extremely low bar in the modern era, of course. It's not much of a win by any stretch.

But for now, physical media does have a purpose, at least on Playstation.

Einhander19723d ago

That is factually not how game licensing works, try plugging your hard drive into someone else xbox, It's not going to work, and it won't work if the licensing servers ever go down.

Einhander19723d ago

Anyone remember games for windows live.

I have around a dozen games, some on Steam itself that will not work because Microsoft shut off the licensing servers.

BehindTheRows3d ago (Edited 3d ago )

I do. I STILL have games (Gears of War being the big one) I cannot access because Games for Windows LIVE is total garbage and no one has held Microsoft accountable.

Zeref3d ago (Edited 3d ago )

You don't have an Xbox apparently. Because you can 100 percent plug in your external and play games from it on any Xbox console lol. You just have to be logged in to prove ownership.

Chevalier3d ago

"You don't have an Xbox apparently. Because you can 100 percent plug in your external and play games from it on any Xbox console lol. You just have to be logged in to prove ownership."

Damn how many times do people got to explain your idiocy to you? You can take a copy of Persona 5 like someone used as an example and play that game on ANY console WITHOUT logging in which means I can lend the game to a friend without internet and they can play my game. Can you lend your hard drive to anyone without logging in for them to play? NOPE. That is a huge difference and if you think otherwise then sorry you're an idiot.

Tacoboto3d ago

"No gaming company has pushed harder to remove ownership than Microsoft."

Ubisoft is literally erasing games people bought from their libraries... My PS1-3 discs are useless on modern hardware. Nintendo's re-published and resold almost their entire Wii U library, and the eShop is completely dead with no BC mechanism in the Switch software. Microsoft publishes everything they make today day one on Steam and Xbox/Windows. Sony only brings to PC the titles they think you might want some years later and Nintendo won't even design a functional long-lasting joystick.

You're absolutely trolling and not serious if you think Microsoft today is the worst offender.

shinoff21833d ago

Yay steam

Not everyone fks with computers though. The disc is still the best way as a console player. Period.

Tacoboto3d ago

How do Sony and Nintendo feel about these discs from 2001-2013?

Don't be stupid, you know Xbox is the best at this today.

+ Show (3) more repliesLast reply 3d ago
Hofstaderman4d ago

Nobody wants this. Sales or the lack of it in the case of XBOX is very telling. I wonder how the adorably all digital series X will fare. Adorably dismal perhaps?

crazyCoconuts3d ago

Only time will tell, but for from someone like me suspecting that Xbox is trying to gracefully exit the console market, that "forward compatibility" team is trying to get Xbox games playing on Windows PCs. I mean, it's nice that they're not planning on exiting with a "enjoy your games while the hardware still works" message, so that's nice. They still have a brand to protect via Microsoft so probably feel obligated to have a better exit strategy.

Xeofate3d ago (Edited 3d ago )

That is not their plan, their plan is to transfer users accounts to the cloud.

Phil Spencer himself said as much a few months back, plans could have changed but I think people are reading way too much into one statement where Phil said he would allow Epic on xbox because he wants to be able to sell xbox games directly on other platforms. Aka, instead of selling Sea of Thives through PSN he wants to have an xbox store to sell his games on PlayStation without giving PlayStation any money.

Again, it's extremely unlikely that Phil plans to put PC on xbox and licensing would prevent them from just giving out other publishers games purchased on xbox copies of thier games on PC, Microsoft does not own their games.

crazyCoconuts2d ago

The thing that doesn't align with the cloud strategy is the giving up on exclusives. You'd still need strong exclusives for cloud streaming - it's still a "platform" , just with a lower upfront hardware investment. I feel like they've learned what PS learned with PSNow long ago. We're not ready to stream games and it's only gonna lose them money to try at this point

FinalFantasyFanatic3d ago

I would love that, I'd buy up some of the Xbox games if they could run on PC, like the Rare Replay, Lost Odyssey and Dead or Alive Ultimate, probably a pipe dream though.

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