Sony reports that the damage it sustained during the earthquake in Japan caused a record annual loss of $3.2 billion. This is Sony’s biggest deficit in 16 years and doesn’t include the losses taken from its recent hacking debacle. Sony isn’t the only Japanese company to suffer substantial losses from the disaster. Read the full article at NYTimes.com
Sony Reports $3.2b Annual Loss
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).