The latest figures are in and Nintendo is now worth a staggering 10 Trillion Yes… or about $85 Billion. I real money that is around R595 000 000 000.
Or around double our entire annual GDP (*Update Below), how can a gaming company be worth more than an entire country? It does bring into reality why Japan is considered a serious piece of the gaming puzzle and why South Africa is not usually on the list of countries to release to first.
The phenomenal success of the Wii and DS has seen the value of Nintendo triple in just under a year. Is it really worth that much though? While the Wii is obviously a lot more than just a fad I can’t see it sticking around for more than 5 years, will it really make anywhere near that amount of money in pure profit in 5 years?
[Update] It seems that I am incapable of distinguishing between Dollars and Rands, as sludge rightly points out they still have a long way to go before being worth more than our GDP (Which is $250 Billion), but they are worth more than some countries at least.
Actually they are worth more than 130 countries ranging from Kazakhstan ($77 Billion) to Kiribati? ($60 Million)
Economic lesson for the day, South Africa is rated 29th in the world with $255 Billion GDP which is ahead of major countries like Ireland ($222 Billion) and Finland ($210 Billion)
Last Updated: October 16, 2007