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Old 04-25-2008, 11:10 AM   #1
I DO BLU I DO BLU is offline
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Talking Toshiba's profits plunge

http://news.yahoo.com/s/ap/20080425/...sxcUsl_sOs0NUE


It's what they get for backing dud
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Old 04-25-2008, 11:22 AM   #2
Winn Winn is offline
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All the past losses they could keep off the books had to be applied with the closing of the division. This lets us know how big a loss they were already operating at. If the losses accumulated were in the 20 billion range and they had already applied enough of the losses to make the larger segmetn (Home Electronics) go down in previous reports, their total loss on HD DVD is in the 30 25-30 billion range.

All of which could have been avoided if they agreed to a smaller share of royalties on BD than they were getting on DVD.
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Old 04-25-2008, 11:31 AM   #3
Blaumann Blaumann is offline
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Does this include losses from r&d for finding out how dvd suc' best or will these losses only show up in future financial reports?
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Old 04-25-2008, 02:52 PM   #4
MacHaggis MacHaggis is offline
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I wonder if they could "super-up-convert" their minuscule profit to real profits?

Smoke and mirrors (and lasers)...

- Bogdan
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Old 04-25-2008, 03:15 PM   #5
Deadset Deadset is offline
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Wow, 95% drop in profit...amazing.
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Old 04-25-2008, 03:27 PM   #6
JTK JTK is offline
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Quote:
Originally Posted by Deads3t View Post
Wow, 95% drop in profit...amazing.
Amazingly bad, that is.
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Old 04-26-2008, 12:45 AM   #7
Blu Falcon Blu Falcon is offline
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Quote:
Originally Posted by I DO BLU View Post
Why take pleasure in such things? The economy is going to hell in a hand-basket. We should not relish in a corporation such as Toshiba losing profits.
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Old 04-26-2008, 12:47 AM   #8
I DO BLU I DO BLU is offline
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Quote:
Originally Posted by Blu Falcon View Post
Why take pleasure in such things? The economy is going to hell in a hand-basket. We should not relish in a corporation such as Toshiba losing profits.
Yea we should. THe reason there was a war that shouldn't have been was because of them and MS. So what comes around goes around.
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Old 04-26-2008, 12:52 AM   #9
Blu Falcon Blu Falcon is offline
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Quote:
Originally Posted by I DO BLU View Post
Yea we should. THe reason there was a war that shouldn't have been was because of them and MS. So what comes around goes around.
I guess. But I hardly think the end of the format war is the most important issue this election year. I doubt there will be an emergency session in Congress to address Warner Bros. studios lack of lossless audio on new Blu releases.

Sadly, this downward trend is not exclusive to Toshiba. With the economy going to shit, we all lose.

Last edited by Blu Falcon; 04-26-2008 at 12:55 AM.
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Old 04-26-2008, 08:09 PM   #10
w_tanoto w_tanoto is offline
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they deserve it. it's karma. they made HD DVD buyers suffers. Also made DVD buyer waited longer...
I am surprised it's still a profit, not a loss
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Old 04-26-2008, 11:22 PM   #11
Zyclone Zyclone is offline
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i don't get what there is to be happy about the higher ups who were pushing for hd dvd won't lose their jobs and if they do they will get a huge payout , if they keep losing money its the workers and middle management that get fired.
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Old 04-26-2008, 12:50 AM   #12
jcdDigix jcdDigix is offline
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They were just plain stupid. Spreading confusion and what nots. What goes around comes around. The consumers then, their turn now.
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Old 04-26-2008, 12:52 AM   #13
I DO BLU I DO BLU is offline
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They still are trying to kill blu-ray with there bs SUC. So they can go bankrupt for all i care.

When you have a company that hired people and spread fud about blu-ray over and over what you expect?
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