Switch Helps Nintendo Surpass Sony’s Market Cap, Hits $48.9 Billion

Nintendo’s latest console called the Switch has been making a lot of fuss recently. Not only is it currently the most desirable console in the market, spurred by supply shortages, it also helped Nintendo achieve substantial market capitalization. This makes the iconic video game brand more valuable than Sony, though, this has happened in the past a few times.

Owing much to the fact that it has been around for decades, Nintendo is already a huge brand in the world of video games. That’s why its market capitalization hitting $48.9 billion on Friday is not surprising. In comparison, Sony’s own value stood at $48.5 billion, Gamespot reports.

This is not the first time that Nintendo managed to surpass the market cap of the maker of the PlayStation consoles. It did so back in the glory days of the Wii when Nintendo reached unprecedented heights in value and did so again 11 months back. Looking at the trend, it’s not exactly a surprise that the company managed to replicate the feat with its firebomb of a hybrid in the Switch.

Now, this is not to say that the Switch has officially replaced the PlayStation 4 as the most popular console of the current generation. However, it is still making huge waves on sales lists, with its shortage being one of its biggest handicaps.

It’s not just the Switch that’s a problem either, since its accessories do pose a dilemma to gamers, largely due to their exorbitant prices. Getting a second dock, for example, will cost gamers $90. Thankfully, some enterprising individuals managed to find a workaround using an old Game Boy Advance SP, Slash Gear reports.

The process was discovered by Alexander Blake who gutted his old Game Boy and used it as a portable dock for his Switch. Anyone who has an old unit of the handheld device can replicate his success, though, it’s best not to expect the Game Boy to function on its own after that.