Toshiba HD DVD Loses Less than Expected
Seems like the rumours on Toshiba’s $1 billion loses on HD DVD were greatly exaggerated by a mere $342 million: the operating loss for HD DVD will be just $653 million. And still, they are turning a profit, although reduced 31% from previous forecasts. [Bloomberg]
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Comments (AU Comments | US Comments)
You gotta give Toshiba credit for waging this battle almost single handedly for so long against a number of market giants and making such a relatively small loss on the product but a profit overall. If Microsoft had stepped up to the plate and been more of a an active participant then it could have been soooo different.