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Batteries, PS3 push Sony to a loss

The global recall and replacement of millions of laptop batteries, and start-up costs for the PlayStation 3 console, pushed Sony's operations into the red for the July to September quarter, despite a jump in sales.

The company reported an operating loss of ¥20.8 billion ($174.5 million) against an operating profit of ¥74.6 billion in the same period last year. The loss includes the estimated ¥51.2 billion that Sony will lose as a result of the laptop battery recall currently under way.

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digitmag.co.uk
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