Toshiba takes a $1 Billion hit on HD DVD

Be warned that if you decide to engage in your own format war, you could lose quite a bit of cash.  Nikkei is reporting that Toshiba’s losses on HD DVD totaled in 2007 alone: $982m USD. It won’t drive Toshiba under or anything, but you seriously have to ask yourself, was it really all worth it?  Ouch.

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