BBC News: HD DVD defeat hits Toshiba profit

[BluMonster]

i enjoyed reading this short article

http://news.bbc.co.uk/1/hi/business/7304258.stm

[statikcat]

That is a big number - but in the grand scheme of things I wonder if 666 Million is really that big of a deal to a company like Toshiba.

[Blinkman987]

Originally Posted by statikcat

That is a big number - but in the grand scheme of things I wonder if 666$ is really that big of a deal to a company like Toshiba.

As a whole, I'm sure they're still rolling in money from DVD and have plenty of potential revenue options with their upcoming nuclear power interests.

[Nerdkiller likes BD]

They should've never started in the first place, just because they didn't want to pay royalties to manufacture BD. Now, they are still being selfish by ignoring BD and focusing on SUC. I mean, SUC just uses MPEG2 codec and can only output 960p. All I need is an upscaling DVD player, and I've got the same thing. The fact that it'll play on DVD players will only prevent the SUC systems from being bought, resulting again in massive losses for the company. Just give it up already Toshy, you lost. Deal with it. You don't have to be sore losers about it, just make BD players already for gods sake.

[HeavyHitter]

Toshiba deserves to lose every penny. Unforunately, executives making the type of idiotic decisions they have don't seem to be held accountable - and often seem to get rewarded!

[Blu Titan]

Originally Posted by HeavyHitter

Toshiba deserves to lose every penny. Unforunately, executives making the type of idiotic decisions they have don't seem to be held accountable - and often seem to get rewarded!

I agree with your statement. Toshiba has been a BIG loser in more ways than one.

[DetroitSportsFan]

That's a shame.

[Thegide]

And yet two weeks ago the projected figure was that HD DVD's demise was going to cost them $977m.

I'd like to know where these numbers are actually coming from.

[Blu Titan]

Originally Posted by Blinkman987

As a whole, I'm sure they're still rolling in money from DVD and have plenty of potential revenue options with their upcoming nuclear power interests.

Not really, from Hoem Media Magazine:
Toshiba on March 19 revised its earnings forecast for the fiscal year 2007 (ending March 31), telling investors it would incur $665 million in losses for the year due to discontinuing the HD DVD business. In total, Toshiba stands to lose nearly $1 billion due to HD DVD’s demise.

[Kuraudo]

666 Million?
see thats what happens when you sell your soul to the devil

[owa]

Originally Posted by Kuraudo

666 Million?
see thats what happens when you sell your soul to the devil

Apparently they don't.

[Rabidhunter]

The people at Toshiba were just plain stupid for pushing an inferior product, and they're still trying to push another one. Sony makes better upconverting DVD players that do the same thing, why try to push SUC? Anybody know if Sony makes a good DVD/VCR combo with HDMI. I really want to get rid of my Toshiba player now.

[Blinkman987]

Originally Posted by BlueNeon

Not really, from Hoem Media Magazine:
Toshiba on March 19 revised its earnings forecast for the fiscal year 2007 (ending March 31), telling investors it would incur $665 million in losses for the year due to discontinuing the HD DVD business. In total, Toshiba stands to lose nearly $1 billion due to HD DVD’s demise.

In no way did what you just copy/paste address anything about previous DVD revenues, future revenue in nuclear energy, or previous ready cash. So what were you responding to again?