Exploding batteries kill Sony profits

The last figures have now been published: Sony finished counting the beans after several months of news of exploding laptop PC batteries and of worldwide product recalls. instead of 130 billion yens, they forecast to dive into a loss of about 50 billion yens.

It is left to be seen what impact it will have on a company for which bad news were piling up (last year’s fiasco of the digital rights managemetn software on Sony BMG music CDs, the delays/problems of the PlayStation 3, exploding batteries). But the worse may well be behind them now, and Sony strengths may shine again (PlayStation Portable – PSP, Vaio laptop PC line, digital photo, Bravia line of high-end television sets).

Sources: The Inquirer & Tom’s Hardware daily.