Sounds like HD-DVD wasn’t the “failure” it’s been made out to be… Toshiba was sure making some nice money with it.

I’ve also noticed that HD-DVDs are continuing to be released… who knows how long that will last though?

I continue, and will continue, to enjoy my Toshiba HD-DVD player and HD-DVDs, a PS3 had to join the fold for BD.

I have not read the financial statement, but this large loss is likely due to one time charges taken in the period for the closure of the business unit. This would involve the scrap/sale/write-down of assets such as capital equipment, inventory, IP etc. related to the closed operation. There is likely a few other non-HD-DVD losses thrown in there too since companies will use an already large loss to flush other things off the books, (known as a “big bath” in accounting lingo). You will not see a loss anywhere near this large next quarter.

The look and sound of bankruptcy, haha