Sony Halts Blu-Ray Production Due To Tsunami

The last few days have been a tragedy, with the loss of life and damage to Japan’s infrastructure in the wake of the earthquake and tsunami that devastated the country. With the threat of radiation due to the unstable nuclear plant, we’ve seen almost every business tied to the country damaged in some way.According toBloomberg, Sony has evacuated several production factories responsible for the production of blu-rays, batteries, and magnetic heads for the safety of their employees. The factories will resume operation once they are judged to be safe for workers.As far as the blu-rays on shelves goes, in the short term Sony’s stock should be sufficient to meet demand, as they have inventories yet to be shipped to retailers. However, depending on the length of time the factories are shut down, a blu-ray shortage could occur.We want to extend the people of Japan our most most heartfelt sympathies as it recovers from this disaster.