Toshiba Loses Nearly $1 Billion in the HD Format War
March 17th, 2008
No official numbers are available yet, but the Nikkei business daily estimates that Toshiba will book a $986 million loss in its high-definition business. This is due to Toshiba’s HD-DVD format losing out to Sony’s Blu-ray.
Link: http://www.reuters.com/…
(via Engadget)
Update: Toshiba has released official numbers estimating its loss to be about $666 million.
