The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Battery Recalls Kill Sony Profits

Battery Recalls Kill Sony Profits

by , 9:25 AM EDT, October 26th, 2006

Sony took a hard hit to its bottom line in the July/September quarter thanks in part to a massive battery recall. Profits for the quarter dropped 94 percent, according to a report at Forbes.

The battery recall, along with Sony's poorly performing video game business, pulled profits down to 1.7 billion yen (about US$14 million) for the quarter, down from 28.5 billion yen (about $239 million) for the same time last year.

Sony is in the middle of a recall 9.6 million laptop batteries it manufactured for several computer companies including Apple Computer, Dell, Lenovo, and several others. The batteries can overheat and pose a potential fire hazard.

Earlier this week, Sony executives apologized for the problems the batteries and associated recall have caused.

Digg!

Recent Headlines - Updated February 7th

Mon,12:40 PM
Three Ways to Protect your Apple Watch (and One Way Not To)
Sun,4:17 PM
MGG 591: If You Had a JBOD Would You Hold It Against Us?
Fri,5:30 PM
Ghostbusters Reboot gets its Own LEGO Kit
4:55 PM
Man Ties String to iPhone and Films Ski Run (Video)
4:45 PM
What To Do When Your Apple Watch Tells You NOT to Eat the Candy Bar
2:56 PM
‘Star Wars’ as a Grindhouse Trailer
2:29 PM
The iPad Pro and Apple Pencil Giveaway
1:26 PM
Apple to Supreme Court: You can Skip Samsung’s Patent Appeal
1:16 PM
TMO Daily Observations 2016-02-05: Streaming the Super Bowl, Time Machine’s Failure
10:57 AM
Want to Watch the Super Bowl on Your iPad for Free? There’s an App for That
9:33 AM
Final Cut Pro X Adds 4K Video Export for Apple Devices
8:55 AM
iOS: That Stupid [Bleep] Siri and Its [Bleep] Nicknames
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!