Nintendo closes in on Sony in market value

TOKYO, June 20 (Reuters) - Nintendo Co. Ltd. shot past Panasonic maker Matsushita in market value on Wednesday and closed in on Sony Corp. as investors watched it unseat Sony as unrivalled king of the game industry.

Nintendo's Wii has been outselling Sony's PlayStation 3 game console 3-1 in Japan and more than 2-1 in the United States so far this year, according to game magazine publisher Enterbrain and research firm NPD.

Go Nintendo. I should have purchased some Nintendo stock about a year and half ago, as I wanted too. Oh well way to go Nintendo.

Wii and DS Turn Also-Ran Nintendo Into Winner in Videogames Business - WSJ.com

But against the odds, Nintendo has become the company to beat in the games business, as the Wii flies off store shelves nearly as quickly as the company can make them. The buzz about the Wii has overshadowed the even greater success Nintendo has had with the Nintendo DS, a portable game player that is still selling briskly more than two years after its introduction.

Go Nintendo!