Sony Adjusts Dramatically Profit Forecasts Because Of Battery Recalls

Posted: Oct 19 2006, 2:43am CDT | by , Updated: Aug 11 2010, 12:10am CDT, in News | Other Stuff

Sony Adjusts Dramatically Profit Forecasts because of Battery Recalls
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Reuters just runs a report that Sony slashed its annual profit forecast by 62% because of heavy costs for recalls of its laptop PC batteries.

Sony also recalls notebook batteries for its own VIAO notebooks. Was already wondering, why Sony's own use of batteries would have no issues. (Subscription). Currently Sony plans to recall 90,000 VAIO notebooks in Japan and China. Other markets likely to follow soon. More details on Nikkei

Sony also mentions slow PSP sales and the price-cut for the Sony PS3 in Japan as additional reasons for the bad profit outlook for 2007. More Sony News.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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