Sony has revised its forecast for the fiscal year ended March 2011, and it's pretty bad.
Sony had expected back in February that it would end the year with a healthy 70 billion yen ($850 million) profit. However, following the earthquake and tsunami of March 11, along with the subsequent impact on production, the company is now bracing itself for a loss of 260 billion yen ($3.1 billion).
Sony has also stated that the PlayStation Network data breach will dent this years profits by some $179 million (excluding the cost of any lawsuits).
Sony will announce full-year earnings this Thursday.