Sony profit plunges 94% amid battery ills

Iria · Oct 27, 2006, 03:25 AM

Source: IHT
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NEW YORK - Sony reported a 94 percent drop in earnings for its second fiscal quarter ended in September, as it coped with a large-scale battery recall and struggled in the production of its PlayStation 3 game console.

The steep decline in earnings - following a return to profitability the previous quarter - is the harshest blow yet to the Japanese electronics giant as it tries to regain its footing under its first foreign chief executive, Howard Stringer.

jimmylao · Oct 27, 2006, 04:08 AM

Does this mean Sony might die off in consoles and batteries? Is Microsoft going to dominate then? =(

Oct 27, 2006, 03:25 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Sony profit plunges 94% amid battery ills Source: IHT ________ NEW YORK - Sony reported a 94 percent drop in earnings for its second fiscal quarter ended in September, as it coped with a large-scale battery recall and struggled in the production of its PlayStation 3 game console. The steep decline in earnings - following a return to profitability the previous quarter - is the harshest blow yet to the Japanese electronics giant as it tries to regain its footing under its first foreign chief executive, Howard Stringer.

Oct 27, 2006, 04:08 AM	#2
jimmylao DriverHeaven Lover Join Date: Feb 2006 Posts: 117 Rep Power: 0	Does this mean Sony might die off in consoles and batteries? Is Microsoft going to dominate then? =(