Sony warns of massive $3.1 billion FY2011 loss (PSN outtage $171 million)

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yo_john117 said:

Xen said:

Not all that shocking, really - their exps were outed prior to the Japanese quake and tsunami, and we all saw how much damage that one did. Sony just can't catch a break.

I was gonna ask why Sony is losing such a large sum this year but I forgot about the Japanese quake and stuff.

Still sucks they are gonna lose so much...i'm assuming this is all of Sony not just the Playstation branch.

they are hardly losing anything, at least not now and at least not in cash terms.

unless someone can professionaly clarify this deferred tax assets situation, we can't really know future implications in too much detail.