Sony expects huge net loss after earthquake and PSN hack

clock

The electronics company expects to post losses of £1.97bn

Sony has revealed it expects to post a huge net loss of £1.97bn in its end-of-year results on Thursday. The announcement came in a forecast revision today. The technology giant has largely bl...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Case study: How Waverton became a cloud-first asset manager

Cloud Computing

Close ties with a vendor partner eased the process

clock 05 October 2023 • 4 min read
Ransomware group offering Sony data for sale

Hacking

Claims to possess around 6,000 files from the Japanese giant

clock 26 September 2023 • 2 min read
Apple forced to cut production plans for Vision Pro headset, report

Gadgets

Apple had projected sales of one million units for the first year, but the real number is now expected to be less that half of that figure

clock 03 July 2023 • 3 min read

More on Finance and Reporting

Capita reports £107mn annual losses, blames cyberattack

Capita reports £107mn annual losses, blames cyberattack

Capita's share price plummeted 54% since the attack

clock 08 March 2024 • 2 min read
Salesforce's Benioff: 'This must be the year of Data Cloud'

Salesforce's Benioff: 'This must be the year of Data Cloud'

Makes light of customer's AI bungle, as Q4 profits up 10%

Wade Tyler Millward
clock 29 February 2024 • 8 min read
Nvida revenues rise 265% on AI chips

Nvida revenues rise 265% on AI chips

Looks set to make Nvidia more valuable than Amazon and Alphabet

John Leonard
clock 22 February 2024 • 2 min read