IIPM PUBLICATION
Nothing can
remain isolated in the open market, can it?! And after making its decision public, to recall 9.6 million laptop batteries from the market due to fire hazards, Sony – the world’s second largest consumer electronics manufacturer – felt the heat in its quarterly earnings too! Sony’s second quarter profits for the quarter ended September 2006 fell by a hair-raising 94% to just $14 million from $329 million in the corresponding period during 2005. The profit figures lost sheen owing to the extra added cost of $429 million in relation to the battery recall. Worse enough, all these recent developments have forced Sony to trim its earnings forecast for the year 2007 to such an extent that it represents the lowest since 2002.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006, Professor Arindam Chaudhuri's (Renowned Management Guru and Economist) Initiative
For More IIPM Article, Visit Below....
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ABOUT IIPM
IIPM MANAGEMENT INSTITUTE
IIPM Students Life > Campus Placement
...IN FLESH AND BLOOD. THE GOD AND THE GODDESS, HERE...
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About IIPM > Mission
IIPM Students Life > Campus Resources
Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.
Nothing can
remain isolated in the open market, can it?! And after making its decision public, to recall 9.6 million laptop batteries from the market due to fire hazards, Sony – the world’s second largest consumer electronics manufacturer – felt the heat in its quarterly earnings too! Sony’s second quarter profits for the quarter ended September 2006 fell by a hair-raising 94% to just $14 million from $329 million in the corresponding period during 2005. The profit figures lost sheen owing to the extra added cost of $429 million in relation to the battery recall. Worse enough, all these recent developments have forced Sony to trim its earnings forecast for the year 2007 to such an extent that it represents the lowest since 2002.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006, Professor Arindam Chaudhuri's (Renowned Management Guru and Economist) Initiative
For More IIPM Article, Visit Below....
IIPM News
ABOUT IIPM
IIPM MANAGEMENT INSTITUTE
IIPM Students Life > Campus Placement
...IN FLESH AND BLOOD. THE GOD AND THE GODDESS, HERE...
IIPM Links
About IIPM > Mission
IIPM Students Life > Campus Resources
Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.
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