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PlayStation Network Crisis May Cost Sony Billions

donniebaseball23 (1888144) writes | more than 3 years ago

Sony 0

donniebaseball23 (1888144) writes "It's been revealed that Sony's PlayStation Network could be offline until May 31 and the financial impact on the company could be sizable. One Japanese analyst from Barclays Capital put the damage at more than $2.7 billion. Not only that, but the PSN downtime is hurting developers and publishers who rely on digital sales for some titles. Capcom VP Christian Svensson commented that the outage is costing Capcom "hundreds of thousands, if not millions of dollars.""
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