Electronic World

Friday, October 20, 2006

Sony cuts profit forecast as battery costs mount

Sony cuts profit forecast as battery costs mount
By Andrew Morse and Yukari Iwatani Kane
The Wall Street Journal Europe
20 Oct 2006

TOKYO— Sony Corp. slashed its full-year profit forecast 38% in the wake of continuing battery and game-player woes, calling into question the success of turnaround efforts at the electronics icon. Sony said it will take a charge of 51 billion yen... read more...

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