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Last updated on February 11, 2012 at 15:54 EST

Sony Battery Recall to Hit 9.6 Million

October 19, 2006
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TOKYO – The number of Sony laptop batteries to be recalled worldwide will total 9.6 million, the company said Thursday, after nearly every major laptop computer maker has asked customers to return the batteries due to the risk they may catch fire.

Friday’s estimate comes hours after Sony Corp. slashed its fiscal year profit forecasts due to the massive global battery recalls and price cuts in Japan for the next-generation PlayStation 3 video game console.

The Japanese electronics maker now expects net profit of 80 billion yen ($673 million), down 38 percent from the 130 billion yen ($1.1 billion) it had forecast in July.