Toshiba lost $1 Billion on HD-DVD
This 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.
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