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[TomsHardware] Toshiba loses $1 Billion to HD-DVD

post #1 of 31
Thread Starter 
Ouch
Quote:
apan (Tokyo) - A Japanese newspaper has put some number on the failure of HD DVD and the cost of its shutdown for its main promoter, Toshiba. According to Nikkei, Toshiba expects a 50 billion Yen or almost $500 million loss from its HD DVD operations, which however could hit almost twice that because of charges resulting from the shutdown of production lines.
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post #2 of 31
That's what they get for selling our silent-running submarine technology to the USSR at the height of the cold war.
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post #3 of 31
I thought your title said Toshiba loses $1 at first.
post #4 of 31
Quote:
Originally Posted by Muftobration View Post
That's what they get for selling our silent-running submarine technology to the USSR at the height of the cold war.
.. Err.. K?

Anyways, it says they may lose 1 billion, it doesnt say they have lost it. Oh well, Toshiba will just bounce back. Thats what a large company does.
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post #5 of 31
Thread Starter 
true,
thats still ALOT of money though
    
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post #6 of 31
Quote:
Originally Posted by Lelouch View Post
.. Err.. K?

Anyways, it says they may lose 1 billion, it doesnt say they have lost it. Oh well, Toshiba will just bounce back. Thats what a large company does.
http://findarticles.com/p/articles/m...v39/ai_5114777

Apparently they really worked us over back in the day...
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post #7 of 31
Quote:
Originally Posted by Astroz View Post
http://findarticles.com/p/articles/m...v39/ai_5114777

Apparently they really worked us over back in the day...
Oh well? Not relevent to the article, no point in bringing it up..
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post #8 of 31
Quote:
Originally Posted by Lelouch View Post
Oh well? Not relevent to the article, no point in bringing it up..
It's not relevant, but it is interesting.
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post #9 of 31
Well, since Toshiba is worth over $23 billion, it's not all tha much money to them. It just means their dividends are going to be less this year.
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post #10 of 31
Thread Starter 
Quote:
Originally Posted by alexgheseger View Post
Well, since Toshiba is worth over $23 billion, it's not all tha much money to them. It just means their dividends are going to be less this year.
i dont care if they are worth a trillion,
1 billion dollars is a helluva lot of money
    
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