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HD-DVD Death Hits Toshiba Hard

bleahy
22 Comments

Posted April 25, 2008 - By bleahy

Losing a format war hurts... a lot. Toshiba has just announced that their profits have fallen 95% over last year due to the death of HD-DVD and rapidly falling prices of flash memory.

Last year they brought in 26.17 billion yen, but this year that's down to 1.25 billion.

DAMN.

Engadget: Yowza: Toshiba's net profits plunge 95% thanks to HD DVD, flash prices

HD-DVD Death Hits Toshiba Hard
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