Consumer Electronics
Toshiba May Well Exit HD DVD, Handing Big Win To Sony (SNE)
Published:
It appears that Sony (NYSE: SNE) has finally won the battle for high-definition DVDs. Last week, Wal-Mat (WMT), Best Buy (BBY), and NetFlix (NFX) dropped the Toshiba HD DVD format in favor Sony’s Blu-ray format.
According to The Wall Street Journal "Toshiba Corp. is highly likely to pull out of the HD DVD business early this week."
Douglas A. McIntyre
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