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

a year ago today toshiba was announcing ¥26.17 billion in profits for the sake of the dwelling. today, principled ¥1.25 billion or about $12 million. in combining to the $580 million hit on account of its withdrawal from hd dvd, toshiba also saw a lively decline in flash homage prices. while vile story for toshiba on all accounts, we consumers are basking in a peddle dominated by a single tall-def optical disc benchmark and for twopence nand and dram pricing. sorry tosh, but you won’t track down any tears around here.read | permalink | email this | comments

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