Feeds

Toshiba confirms $1bn lost ditching HD DVD

Falling Flash prices didn't help either

Top 5 reasons to deploy VMware with Tegile

Toshiba has knocked ¥100bn ($1bn/£498m/€639m) off its full-year pre-tax earnings, blaming not only the elimination of its HD DVD operation but also falling Flash prices.

The Japanese giant had previously forecast income of ¥350bn for the full year to 31 March, the company's 2007 fiscal year. It said sales would total ¥7.8tr.

But today it knocked ¥100bn off both figures, reducing them to ¥250bn and ¥7.7tr, respectively.

It attributed the reduction "primarily [to] costs incurred in the discontinuation of the HD DVD business". It also saw "a significant decrease in operating income due to a larger than anticipated declines in sales prices of NAND Flash memories".

Toshiba formally announced the end of HD DVD hardware production last month. Last week, it was predicted that Toshiba's decision would have just such a ¥100bn impact on its FY2007 figures.

Obituary: HD DVD 2002-2008

Top 5 reasons to deploy VMware with Tegile

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.