Toshiba lost $1 Billion on HD-DVDThis is how much they admit
to.
![]() Japan’s Toshiba expects to post nearly one billion dollars in total HD DVD losses in
the current business year to the end of this month, a local business daily
reported Thursday…
Toshiba conceded defeat last month to rival Sony in a long-running DVD format war, clearing the way for the Blu-ray format developed by Sony and its partners to become the industry standard… HD DVD’s fate was sealed by a series of heavy setbacks, with Hollywood titan Warner Brothers and US retail giant Wal-Mart both throwing their weight behind Blu-ray. Yes, we noted the details as they happened. Now, we know the cost - or as much as Toshiba will admit. Posted: Thu - March 13, 2008 at 09:45 AM |