Ok first off my prayers go out to the people of Japan. They are going through one of the worst disasters in modern times. Myself and I am sure the rest pray for a swift recovery and that their nuke plants stabalize. They of course have bigger things to worry about but since this horrible tragedy has happened I was just wondering your thoughts.
This is from Bloomberg-
Companies including Sony Corp. (6758) and Toyota Motor Corp. (7203) halted output at plants after an 8.9- magnitude earthquake struck off the coast of Japan, damaging production facilities and causing power outages.
Sony halted and evacuated six factories in northeastern Japan, said Yasuhiro Okada, a spokesman at the Tokyo-based company. He said the company was assessing the impact of power outages and damage to its facilities in the region, which make Blu-ray discs, magnetic heads and batteries.
Japan is a major buyer of the Playstation brand. For example the PS3 has sold around 5-6 million more consoles then the 360 in Japan so just imagine total sales without Japan.
Sony I would think will have a lot of trouble shipping and producing their product right now. I would think for a few months there will be a shortage on workers also until they are able to get back to work. There is also huge power outages with the last time I heard 4 million without power. The power outages I would think will effect Sony to a major degreee also.
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