Hi all,

I would think that the three times Sony got hacked these past few weeks will only exacerbate this problem further.

I am suppling a link to the balance of the article.

Take care,

Jay


Sony Swings to Big Loss After Natural Disasters

By HIROKO TABUCHI,May 23, 2011

http://www.nytimes.com/2011/05/24/te...gewanted=print

TOKYO — The March 11 earthquake and tsunami probably pushed Sony to a $3.2 billion loss in the just-ended fiscal year, the electronics and entertainment giant warned Monday, the latest Japanese manufacturer to report a huge economic hit from the disaster.

The annual loss would be Sony’s biggest in 16 years, a major setback to chief executive Howard Stringer’s drive to turn around the once-legendary maker of PlayStation video game consoles, Bravia flat-panel TVs and Vaio laptops.

Sony suffered damage at nine plants in northeastern Japan in the quake and tsunami, which also disrupted supply chains and put a damper on domestic consumption. A series of hacker attacks on Sony’s online services, which forced the company to temporarily shut down its PlayStation Network, has also clouded the outlook for the Japanese manufacturer.