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
2871d ago Replies(1)
Erik73572871d ago (Edited 2871d 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.

tanukisuit2870d ago

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

BullyMangler2870d ago

more than Tesla ? .

Nintendo to surpass the Bilderbergs

curtis922870d 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.

Metallox2870d 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.

gamerswin242870d 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!!!!

iceman062870d 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.

jcnba282870d ago

Fad? Moms? Grandmas?

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

The game will be huge for a long time.

joeorc2870d ago (Edited 2870d 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.

2870d ago
SUCKxITxEZ2870d 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 2870d ago
shuvam092870d 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...

joeorc2870d ago (Edited 2870d 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

2870d ago
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80°

The INDIE Live Expo 2024 event showcased +150 Games during its Saturday broadcast

"INDIE Live Expo, Japan’s premiere online digital showcase series connecting indie game fans all over the world, highlighted more than 150 games during its Saturday broadcast introducing world premieres, new trailers, and updates during its 10th-ever digital showcase." - INDIE Live Expo.

TGG_overlord11h ago

Very much so, there should be something in there for everyone to enjoy for sure.

180°

Summer Game Fest 2024 and games conference schedule: All conference dates, times and streams

A schedule for all of the currently announced game conferences in June 2024, including the Summer Game Fest 2024 date and times.

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eurogamer.net
Lightning771d 11h ago

For the first time in a long time I have a hard time feeling excited for these events. Maybe it's because of all these massive lay offs and closures there hasn't exactly been good news since the start of the year.

Maybe come next week I'll get a little more excited but I dunno I just can't get too excited right now

thorstein1d 10h ago

Maybe it will be an indie showcase.

Cacabunga1d 4h ago

Cancelling e3 and introducing some ridiculous events..
Times have changed.. to the worse

Lightning771d 3h ago (Edited 1d 3h ago )

Back then it was very exciting, great looking trailers, on stage live gameplay where yes things can and have went wrong but that's how we knew it was a real games being played instead of curated footage extra doctored up that didn't even represent the actual game half the time. Games would release 6 months to a year max not 3 years later.

I miss past E3's even the goofiness like Giant enemy crab or Riiiidge Raceeer. Xbox and Kinect glitching Nintendo's craziness. Again it was real, these days there so protective, clean, doctored sets, where nothing can absolutely go wrong. Too strict and professional with heavy PR babble with buzzwords that mean nothing. Being professional is not bad but when it's fake and corporate heavy where you're made to buy into the words rather than the game, that's how you know it's not real.

Now SFG is just sizzle reeling all the games at once. Plus past SGF events haven't been that great either. Maybe that's not Geoffs fault but the pubs and devs are simply never ready to show anything and have to wait. This gen we've been waiting and waiting for these games.

Plus lay offs as I Mentioned. I dunno Geoff needs to do what made E3 great back then, get funding support and do live stage gameplay he has the support and so why not? Pubs and devs need to do their own thing at the event again. No more doctored bull crap with PR diarrhea trying to sell the game show us with a controller in your hand instead of making empty promises.

Rant over.

Cacabunga1d 3h ago (Edited 1d 3h ago )

Lightning

I will never forget the pre-e3 one year where Kojima was teasing MGS Rising.. and Peace Walker.

Such an incredible period where studios enjoyed what they were doing and teasing their work weeks before the event.

Nowadays is half baked games, cross gen titles, useless mid gen upgrades. There is no hype anymore.
Last great show I remember is the PS EXPERIENCE maybe 3 or 4 years ago in December

gleepot1d 2h ago

Maybe it's because Keighley sucks and never puts on good showcases.

Lightning771d 1h ago

They aren't geoffs games he's not makin it. Though you're half right, he has the stage and events and controls the pace, how the games are shown and presented. If I was him I would have devs have real gameplay with a stage like how E3 used to be.

No more of this curated pre done footage that we've had in the past 4 years.

Actually before that they've been doing that format for awhile. Cyber Punk being the biggest culprit of that format because you can easily deceive and lie to ppl.

Yeah Geoff is half to blame

isarai1d 6h ago

Is it just me or is there little to no buzz or marketing leading up to this compared to previous SGF?

monkey6021d 2h ago

Because they've been consistently boring for the last couple of years. Hard to get worked up for it now

bRuud831d 4h ago

Where is Sony? Still no news about the next Playstation showcase.

1d 4h ago
Lightning771d 1h ago

Hopefully early next week at this point they are signed to SGF so they'll be there.

I also said in another post it's rumored to be a State Of Play now. The only AAA's I can see being announced now is Ghost 2 and Bends New game.

I can't see Santa Monica's New IP or ND New IP being announced. I can see GG being there announcing leggo Horizon, Zero Dawn remake or remaster, maybe the LS horizon game.

Skuletor1d 1h ago

After the way they rudely hurried people off the stage at The Game Awards, I won't bother watching any of the streams for this. I'll just checkout out a few game trailers on Youtube after they're uploaded there.

90°

Boosteroid Plans On Adding More AAAA Titles Exclusively To The Service

The VP of Marketing at Boosteroid revealed that the company is in talks with major publishers to secure exclusive games on the service.

Relientk772d ago

So they're adding Skull and Bones to their service? That doesn't seem exciting at all lol.

EternalTitan12h ago

The games should come with a torchlight to help you find the extra "A"