After taking a hit from Warner for announcing that it would go Blu-ray exclusive and several announcments followed by big retailers such as Best Buy and Walmart, I thought that Toshiba would need wheelchair lifts just so it could get back on the HD format war bandwagon again but it seems that the company will be raising the white flag soon and that rumour seems to have made several investors happy since Toshiba shares went up 5% today.
If that's any indication to Toshiba, I think it's time to confirm this rumour and just concentrate on what they do best--laptops.
Monday, February 18, 2008
Toshiba shares rise after rumours of HD DVD Pull Out
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