Thursday, March 13, 2008
Painful Loss for Toshiba Loser
Nikkei business daily reports that Japan's Toshiba Corp is expected to book a 100 billion yen ($986 million) loss in its high-definition DVD business sector and post a full-year operating profit of around 250 billion yen, falling short of its own outlook. I am surprised they didn't pull it sooner. Never personally been a fan of Toshiba - lugged around one of the early multimedia laptops for presentations about 10 years ago and it was constantly giving the blue screen of death at the wrong moment. Service in Netherlands was hopeless.