Monday, 23 May 2011

Sony Posts Financial Loss of $3.2 Billion Dollars



Sony has posted a Y260bn ($3.18bn) net loss for the year ended March 31 due to the impact of Japan’s quake and tsunami and the hacker attacks that forced it to shut down its PlayStation Network, the Japanese electronics company revealed in a preliminary earnings statement Monday. Will Sony ever recover from this? Comment below!
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34 comments:

  1. nufcmiles23 May 2011 at 15:39

    That's probably the loss of all PSN users who had their card details stolen...

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  2. James23 May 2011 at 15:51

    Hackers and quakes, such unfortunate events.

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  3. thomau523 May 2011 at 15:56

    usually big companies can bounce back from that sort of thing but 3.2 billion is quite a bit

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  4. Jesse Crows23 May 2011 at 16:10

    that is a whole lot of cheese

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  5. slash97123 May 2011 at 16:16

    insane :O

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  6. Anonymous23 May 2011 at 16:19

    sony......they'll live... they arent 100% games, they're suffering now but they'll pull through...stock purchase anyone?

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  7. Blogging Skater23 May 2011 at 16:24

    lots of dough lost. they couldve invested in some security

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  8. PdxE23 May 2011 at 16:26

    That is one hell of a one, two punch, PSN and tsunami

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  9. Tg4Fans23 May 2011 at 16:37

    I wonder how much nintendo lost because of the tsunami/earthquakes...But then again, theyll get it all back with the cafe

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  10. Lt Nite23 May 2011 at 16:45

    Man they really suffered in the past year, that really sucks for them, but I'm sure they'll recover!

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  11. JkF5023 May 2011 at 16:46

    I think it'll be very hard for them to recover, but a company so big, I'm sure will earn it's reputation back somehow!

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  12. Joe Clark23 May 2011 at 17:17

    'Awesome job, Sony. Really awesome.

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  13. Cole23 May 2011 at 17:34

    sucks for them

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  14. Serions23 May 2011 at 17:36

    Didn't they make a loss on every PS3 they sold too? It's a good job Sony manufacture other stuff as well as the console or I swear they'd be close to bankruptcy.

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  15. Grant23 May 2011 at 17:48

    Oh wow. That's a lot

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  16. Louis Ritchie23 May 2011 at 17:50

    Wow, they're as financially unstable as Donald Trump

    *slaps knee*

    +followed

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  17. Zealot23 May 2011 at 18:09

    Yeah I could see why they would lose money, with their online service being down a long time.

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  18. Whitelight23 May 2011 at 19:01

    Ouch D:! Good post.

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  19. TIMMYTHEROBOT23 May 2011 at 19:04

    Stock seems to be doing ok still.

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  20. Ketomaster24 May 2011 at 06:43

    They should ask Bill Gates if he can donate it. Last I heard, Gates has the money to pay that off 33 times and still have over 400 million dollars.

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  21. Rumiko24 May 2011 at 09:06

    Ouchy. They WILL recover, no way this has caused that much harm to be honest.

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  22. Anonymous24 May 2011 at 12:32

    Quite a hefty loss ;o

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  23. Wamsley24 May 2011 at 16:09

    Its Sony, no need to worry.

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  24. Acrylic Ingenuity24 May 2011 at 16:11

    crazy

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  25. Volturno Caravaggio24 May 2011 at 16:24

    Hope noone loses the job because of this. :(

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  26. Doc_Waffles24 May 2011 at 16:25

    Woah that is insane. Hope Sony makes it through the fiscal year okay.

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  27. Bunny Hill24 May 2011 at 16:39

    I think they lose more than just money

    some people will be scare to buy PS now

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  28. Iwanajaba24 May 2011 at 17:06

    Its going to be tough but i have faith Sony will pull through, really liked your blog definitely following

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  29. Dead Toast24 May 2011 at 17:53

    damn and sony needs to give the gamers reparations like free psn plus and 2 games

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  30. Anima Metallicus24 May 2011 at 18:21

    Looks like this year is not the good year for Sony.

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  31. Nom de Plume25 May 2011 at 03:18

    They'll recover easily! :D

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  32. Jimmy25 May 2011 at 05:19

    wow that's mad. They probably make that every week though so no point feeling sorry for them...

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  33. TK192725 May 2011 at 12:19

    It sucks, but that's what they get for not being careful with peoples' personal info.

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  34. Doro26 May 2011 at 05:28

    That loss, PSN down, what next? It seems that Sony has real problem.

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