Nintendo?¢‚Ǩ‚Ñ¢s shares overtake Sony?¢‚Ǩ‚Ñ¢s

According to Bloomberg Nintendo?¢‚Ǩ‚Ñ¢s shares managed to hit a new record high overtaking their toughest competitor, Sony. Nintendo?¢‚Ǩ‚Ñ¢s shares temporarily overtook Sony, hitting a record high of 45,350 yen (approx $367), which brought the company’s net worth to 6.57 trillion yen ($53 billion). At the close of the Tokyo-based Nikkei stock exchange, Nintendo’s shares had dropped down to 45,100 yen ($365).

Nintendo is reported to have sold about 2.37 million Wii consoles in the US, 2 million in Japan, and 1.47 million in other regions, including Europe.

Nintendo has been doing incredibly well recently with the ever increasing popularity of the Nintendo Wii and its handheld counterpart, the DS. Sony currently makes a loss on every PS3 that it sells but what is remarkable about Nintendo?¢‚Ǩ‚Ñ¢s share price is that its rival makes a great deal more than video games such as mobile phones and TVs.

Reference for posting: http://uk.gamespot.com

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