Tuesday, June 26, 2007

From the "Dog Bites Man" Files

If there was any doubt that this generation of the console wars is going a bit differently then those of the past, check this out:
Nintendo briefly zipped past Sony in market capitalisation on Monday to become one of Japan's ten most valuable companies as it elbows the PlayStation maker out of its decade-long dominance of the game industry.
Now, lest all of the Playstation 3 haters jump on and declare victory for their motion-sensing miracle, it appears that the market decided that something just wasn't quite right with that picture.
Nintendo joined global household names such as Toyota, Honda and Canon on the top-ten list before its shares erased earlier gains and ended the day lower. (Emphasis Added)
Me: Obviously I still think its too early to declare a winner for this generation, but there is no doubt that Sony is reeling. I mean, for god's sake, the company makes TV's and computers in addition to their "toys" and yet is getting it handed to them by the home of the plumber and the green-clad elf. Still, lets hold on for a bit before we declare mighty Sony down for the count.

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