Sony Down $20m On PSN Outage, Real Cost Much Higher

The loss of income from its PSN operation is likely to see Sony down around $20m based on its declared annual income and suggestions that the outage is liable to last another week.

The overall cost of the downtime, Forbes suggests, could be as much as $24bn, which seems a bit on the high side, even allowing for the costs of rebuilding the network and putting right any claims from those whose credit card details have been exposed.

None of its especially good news for Sony who look more and more like the next company to follow Nokia off the edge of that slippery slope...