Sony Reports $3.2b Annual Loss

Sony
Sony
Sony

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

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.

Categories

PreviousShould Children be Allowed on Facebook? NextCar Manufacturers Installing 'Black Boxes' for Safety

Get Briefed Every Day!

Subscribe to my daily newsletter featuring current events and the top stories in technology, media, and marketing.

Subscribe