close

Sony Takes it in the Rear for PSN Outage Which Cost $171 Million

I think anyone that has ever worked in a professional setting knew that the security breach of Sony’s PSN would be costly for the technical giant, but until now the final tally has been speculative.  That is until today, which is the day that Sony made its profit forecast available for the World to see.  Sony expects to report a loss of $3.2 billion dollars most of which is unfortunately due to Japan’s horrible battle with Mother Nature this year.  Although, the whole PSN security breech will probably end up costing Sony a cool $171 million.

Ouch anyone?  This just goes to show you what can happen in this day and age of interconnected technical services when consumers are directly involved.  Sony has all but lost its trust factor with its gaming consumers due to the PSN outage, and that’s on top of the lost sales dollars for not being able to provide their online store.  Considering that the full suite of PSN services have yet to be restored I wouldn’t be too surprised if that $171 million loss grows by a few million by the end of Sony’s 2011 fiscal year.  If you have Sony stock and haven’t unloaded it yet you may want to do some trading today.  You’ve been thinking that Sony needs to hire some new geeks…

 
[#ff entbuddha] “Making you a better geek, one post at a time!”

Via [#ff engadget]

[ratings]

Tags : OUCHPSNSony
Matt Heywood

The author Matt Heywood

Matt Heywood is the founder and EIC of EntertainmentBuddha.com where he strives to make you a better geek, one post at a time! When he’s not scouring the Internet for interesting nuggets of awesomeness he can be found in his secret lair enjoying the latest and greatest video games, taking pictures of toys, or talking Star Wars on EB’s Star Wars Time podcast show.