When forecasting its profit margin for the year, Sony expected to take a hit from the upcoming PlayStation 3 launch; companies regularly lose money when making new hardware, so some financial hemorrhaging was to be expected. What Sony couldn’t have foreseen, however, was the massive battery recall that ended up costing them a whopping $429 million

Source: Digg.com – Posted by: IvanB

Link to Story: http://www.gizmodo.com/gadgets/announcements/battery-recalls-cost-sony-more-than-ps3-210834.php

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