Thursday, October 19, 2006
Sony collapsing under the weight of battery recall fiasco
Sony’s recovery prospects just took a major U-turn for the worse as it issued a profit warning and cut its annual forecast for operating income by 62% (!!) because of costs stemming from its faulty-battery recall.
But its not over yet!
Stringer's recovery plan has hit a gargantuan iceberg. Will he/Sony survive?
Posted by Philip Letts, blur Group at 3:48 PM