Nintendo passes Sony. Someone confiscate Stringer’s belt and shoelaces

Howard Stringer has been expected to navigate Sony out of its doldrums, not steer them behind Nintendo, a company whose revenue is a fraction of Sony’s.

It may not last for more than a day or so, but try saying this out loud a few times – Nintendo is worth more than Sony:

Nintendo sold 338,000 Wii players in the U.S., the world’s largest video-game market, in May, compared with 81,600 PlayStation 3 units, according to data compiled by NPD Group Inc. Microsoft Corp. sold 154,900 of its Xbox 360 machines.

Nintendo, also the maker of DS handheld player, may exceed Tokyo-based Sony in sales this year. Nintendo posted revenue of 966.5 billion yen in the year ended March 2007, and forecast 1.14 trillion yen this business year.

Via Bloomberg