Wednesday, August 16, 2006

Dell recall may cost Sony up to $430 mln: analysts

TOKYO (Reuters) - Dell Inc.'s recall of 4.1 million notebook computer batteries could cost Sony Corp (NYSE:SNE - news). anywhere from 10 billion yen to 50 billion yen ($85-$430 million), hurting the Japanese electronics maker's short-term earnings and its brand image, analysts said.



"As the batteries were made by Sony, the possible impact of the news on Sony's earnings is a concern," said Eiichi Katayama, an analyst at Nomura Securities Co. Ltd. "Until management discloses details of the cause, the risk of a larger impact remains."

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Tags: mln | earnings | billion | recall | batteries | Analyst | Tokyo | Sony | Dell

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