News GI - Nintendo and Sony share prices rise to record highs

[v_iHuGi]

Great news all around, plus some other stats i searched:

• Nintendo cash on hand for the quarter ending September 30, 2020 was $11.693B, a 55.44% increase year-over-year.
• Sony cash on hand for the quarter ending September 30, 2020 was $41.593B, a 65.74% increase year-over-year.

Both Companies are growing their cash on hand at very high rate, Sony might end up with +80B on Hand in the 2023 Fiscal Year based on the Growth it is seeing recently.

Nintendo and Sony share prices rise to record highs

Switch and PlayStation 5 drive stock high enough to surpass Wii and PlayStation 2 levels

www.gamesindustry.biz

Sony Corporation (SNE) Stock Price, News, Quote & History - Yahoo Finance

Find the latest Sony Corporation (SNE) stock quote, history, news and other vital information to help you with your stock trading and investing.

finance.yahoo.com

NINTENDO CO LTD (NTDOY) Stock Price, News, Quote & History - Yahoo Finance

Find the latest NINTENDO CO LTD (NTDOY) stock quote, history, news and other vital information to help you with your stock trading and investing.

finance.yahoo.com

 

[Captain Toad]

I thought both were going out of business?

 

[v_iHuGi]

I thought both were going out of business?

Doom & Gloom.

 

[SullaFelix]

I'm sitting on some Sony stock. It's already paid for my PS5 so I'm happy haha.

 

[brian0057]

Doom & Gloom.

Is that the new expansion for DOOM: Eternal?

 

[Chiggs]

True story: I was at a Best Buy last Saturday and saw at least ten people buying a Nintendo Switch. All of them had handfuls of games.

Analysis: Nintendo Switch is an unstoppable monster that will surpass Wii sales.

 

[jroc74]

Sony no longer needs welfare checks to get by. Good for them.