Thursday, October 26, 2006

Sony's Profits Down

http://www.nytimes.com/2006/10/26/business/27sonycnd.html?hp&ex=1161921600&en=ca7475750b1e3efe&ei=5094&partner=homepage

C'mon Sony, hang in there. They got dealt an unfortunate hand with the stacks not in their favor. Having to recall laptop batteries would certainly erase profits, and maybe even drive some companies out of business. Good thing Sony is diversified. This is one of those times they are glad they make the many different products they do. This could hurt the company now and in the future, as far as computer sales go, but Sony will pull through. Personally, it would take some time before I could trust the company again in the area of computers. It would not, however, have any affect on whether I purchase Sony products. They make outstanding electronic devices from the Playstation to TVs to cell phones. Hopefully, they can get back on their feet next quarter and sell some laptops!

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