Nokia (NOK) battery recall affects wide range of phones originally appeared on BloggingStocks on Tue, 14 Aug 2007 13:35:00 EST. Please see our terms for use of feeds.

When Sony Corp. (NYSE:SNE) had the Walkman and the Watchman and Playstation first appeared, the company was viewed as the premier consumer electronics company in the world. Sony was on the cutting edge. It was the innovator.

Perhaps that crown has passed to Apple. Maybe even Microsoft with its Xbox succees. And, perhaps, Nintendo.

Sony has lost the crown, and it probably will not get it back.

Sony lost $175 million in the quarter that just ended. Its recall of faulty PC batteries was partially to blame. The company also said its game division was in real trouble. Sony has already started cutting prices of its new Playstation3, and Playstation portables are not selling well.

Continue reading Is Sony just average?

Is Sony just average? originally appeared on BloggingStocks on Thu, 26 Oct 2006 11:45:00 EST. Please see our terms for use of feeds.

Things had been going well for Sony's shareholders after the appointment of Howard Stringer as the new CEO. But, then things started to fall apart, again.

Sony Corporation (ADR) (NYSE:SNE) makes the batteries for the laptops from companies like Dell, which as you know are being recalled due to overheating and fires. Sony is also being damaged by concerned that its new PlayStation 3 will launch late. To complicate the competitive landscape, Microsoft has been updating its XBox gaming system and upping its marketing spending. Sony's shares have dropped from about $53 in late April to $39 yesterday.

Under Mr. Stringer it would appear that little has improved, despite the initial optimism of his appointment. The recent bad news could also hurt the company financially, with the battery recall cost hitting as much as $500 million.

Sony is not longer viewed as the engineering powerhouse it once was, introducing innovative products virtually every year. That mantle seems to have passed to Apple Computer, Inc. (NASDAQ:AAPL).

With Sony on a spiral down, perhaps Apple will learn something about the road ahead.

Douglas McIntyre is a partner at 24/7 Wall St.

Sony losing the innovation game under Stringer: A lesson for Apple originally appeared on BloggingStocks on Wed, 04 Oct 2006 11:19:00 EST. Please see our terms for use of feeds.

Is this a line dance? Last week, Dell's recall of 4.1 billion Sony-manufactured laptop batteries must have sent every laptop manufacturer scurrying to their quality control department. I should have just gone ahead and bought the domain, "applebatteryrecall.com" right then, because here it is 10 days later and guess who's recalling Sony batteries now?

Yep, Apple. The cutest of all computer companies only has 1.8 million batteries as a part of its recall, from 12" iBook G4, 12" PowerBook G4 and 15" PowerBook G4 laptops sold between October 2003 and August 2006 in the U.S. Unfortunately for the headline writers, no Apple laptops actually caught fire, although two consumers did receive minor burns when their laptop overheated.

While no one likes a recall, it doesn't seem as if either Apple or Dell will feel it on the bottom line; and, in fact, Apple stock is up a tick on the news, 21 cents, to $67.52. Sony Corp (SNE), on the other hand, is down nearly 3% to $43.27.

[Photo courtesy Dat Nguyen]

Apple laptop battery recall: one time, just like the last time originally appeared on BloggingStocks on Thu, 24 Aug 2006 14:09:00 EST. Please see our terms for use of feeds.