Toshiba To Lose $666 Million (Cue Scary Music) - Kotaku Comments

Toshiba To Lose $666 Million (Cue Scary Music)

DrunkRaba — Wed, 19 Mar 2008 22:36:31 MDT

@reptile168: lol fanboy, Sales were 2:1 in favor of blu, why support the obviously and consistently failing (more) format?

Toshiba will be fine, give them a year and they will be back to rolling in the dough.

DrunkRaba

Toshiba To Lose $666 Million (Cue Scary Music)

reptile168 — Wed, 19 Mar 2008 18:14:57 MDT

that's more money than what Blue-ray paid Warner. So if TOshiba actually anticipated this lost, they could have tried to lure Warner to their side.

reptile168

Toshiba To Lose $666 Million (Cue Scary Music)

Tenchuu — Wed, 19 Mar 2008 16:39:23 MDT

@ninjaraiden: I concur. Hang in there Toshiba.

Tenchuu

Toshiba To Lose $666 Million (Cue Scary Music)

ninjaraiden — Wed, 19 Mar 2008 16:24:11 MDT

Kotaku has THE best pics to go along with their headlines. This has to be one of my favorite ever.

ninjaraiden

Toshiba To Lose $666 Million (Cue Scary Music)

MattB — Wed, 19 Mar 2008 14:44:55 MDT

Toshiba claim they're not going to go Blu-ray any time soon. Instead they plan to push their "Super Up Converting" DVD players and digital downloads. I'm unsure of how they can view the latter as a good thing for a consumer electronics company, but hey it's not my money they're flushing down the toilet.

MattB

Toshiba To Lose $666 Million (Cue Scary Music)

The Vampire Raziel — Wed, 19 Mar 2008 13:46:00 MDT

@smartpatrol: someone sounds bitter.

Toshiba will start making money when they start making blu-ray players anyways.

The Vampire Raziel

Toshiba To Lose $666 Million (Cue Scary Music)

boopadoo — Wed, 19 Mar 2008 13:41:16 MDT

I wish I had that omen...in my pocket...

boopadoo

Toshiba To Lose $666 Million (Cue Scary Music)

Broken_Hands — Wed, 19 Mar 2008 13:39:10 MDT

666 isn't really the number of the beast, it's actually 616.

Broken_Hands

Toshiba To Lose $666 Million (Cue Scary Music)

Murmaider — Wed, 19 Mar 2008 13:04:52 MDT

Damn.
Owned.

Murmaider

Toshiba To Lose $666 Million (Cue Scary Music)

MCWHAMMER — Wed, 19 Mar 2008 13:00:08 MDT

@SuperMaxZero: I don't agree. I bought a Toshiba Satellite laptop a few years ago... it has been super-slow to do anything, and is a source of constant frustration.

I also bought a new Toshiba 1080i right before 1080p TV's became reasonably priced. The TV could not display 1080i without making black bars on the screen. It was always incredibly frustrating, and I eventually had to just give up and get a real 1080p TV... a Samsung.

Screw Toshiba.

MCWHAMMER

Toshiba To Lose $666 Million (Cue Scary Music)

juv3nal — Wed, 19 Mar 2008 12:54:28 MDT

drop in profits != loss.

juv3nal

Toshiba To Lose $666 Million (Cue Scary Music)

SuperMaxZero — Wed, 19 Mar 2008 12:21:28 MDT

That sucks. Toshiba is a great company. I know more people with Toshiba laptops than Dells. And I don't know of any better to turn for for TVs.

Oh well, they'll recover. They'll just have a wincing in pain expression on their logo for a while.

SuperMaxZero

Toshiba To Lose $666 Million (Cue Scary Music)

peAr_nectAr — Wed, 19 Mar 2008 12:20:00 MDT

@NutManIV: Can I have yours then?

peAr_nectAr

Toshiba To Lose $666 Million (Cue Scary Music)

Candlejack — Wed, 19 Mar 2008 11:45:15 MDT

@peAr_nectAr: That's because Toshiba's laptops suck. Well, don't suck, but they're not the best. But they do have extremely decent HDTVs and that sort of thing.

@clintonskneecap: Not enough to stop them from going - they're 70 billion USD in revenue. For comparison, Panasonic (which is my favourite consumer electronics brand) only tops 8 billion. Then again, Panny merely does a few of the branches that Sony delivers.

@ManjiKengo: Exactly. Every story can be seen from two sides. Toshiba and Sony were cooperating on other things all this time, like the Cell development and production. The "format war" never was a "war". It was competitive, yes, but it was a choice based on the fancier boxing, art or other marginal things that made one format win. Of course, the studio exclusivity helped, but they only reflected on customer's opinions.

Candlejack

Toshiba To Lose $666 Million (Cue Scary Music)

Kimiko — Wed, 19 Mar 2008 11:15:55 MDT

@cactaur:

AMEN!

Kimiko

Toshiba To Lose $666 Million (Cue Scary Music)

clintonskneecap — Wed, 19 Mar 2008 11:11:43 MDT

I wonder how much sony has lost over its failed formats over the years?

clintonskneecap

Toshiba To Lose $666 Million (Cue Scary Music)

illmatic291 — Wed, 19 Mar 2008 10:13:11 MDT

LOL at that pic omg!

illmatic291

Toshiba To Lose $666 Million (Cue Scary Music)

Eville1 — Wed, 19 Mar 2008 09:59:09 MDT

Toshiba publicly apologized for their desktops about five years back and issued a recall. To bad my friend and I took his and dropped it off a building. That being said, their laptops do rock the house. Huuuge displays.

Eville1

Toshiba To Lose $666 Million (Cue Scary Music)

ManjiKengo — Wed, 19 Mar 2008 09:49:19 MDT

So?

Toshiba owns the Sony cell manufacturing plants now. Not like toshiba cares.
Sony spent more money trying to get blu-ray exclusivity with certain movie studios than toshiba lost by stopping hd-dvd production.

ManjiKengo

Toshiba To Lose $666 Million (Cue Scary Music)

NutManIV — Wed, 19 Mar 2008 09:37:21 MDT

@peAr_nectAr:

Seriously? I love Toshiba products. Their laptops are fucking built like rocks.

NutManIV

Toshiba To Lose $666 Million (Cue Scary Music)

Billkwando — Wed, 19 Mar 2008 09:02:46 MDT

@peAr_nectAr:

If only I could replace your name with "Lik Sang" and "Toshiba" with "Sony".

It sucks we need 2 evil empires to keep the eachother in check. As much as I hate Sony, we need them to keep M$ from nickle-and-diming us into the apocalypse.

Billkwando

Toshiba To Lose $666 Million (Cue Scary Music)

RobTheBuilder — Wed, 19 Mar 2008 08:56:05 MDT

@peAr_nectAr: Can't say the same. Toshiba generally make well built quality products.

RobTheBuilder

Toshiba To Lose $666 Million (Cue Scary Music)

peAr_nectAr — Wed, 19 Mar 2008 08:19:47 MDT

Good. I like seeing Toshiba lose money. Everything I own of theirs breaks or doesn't work properly. My laptop is a Toshiba, and they put the fans in the wrong places, and so my laptop overheats all the time, meaning I can't play any games on it anymore. Toshiba could go bankrupt for all I care.

peAr_nectAr

Toshiba To Lose $666 Million (Cue Scary Music)

Scaramanga — Wed, 19 Mar 2008 08:14:02 MDT

@c00ler_dood:
Currency fluctuates. Check again later it'll be different again.

Scaramanga

Toshiba To Lose $666 Million (Cue Scary Music)

Onizuka-GTO — Wed, 19 Mar 2008 08:14:01 MDT

@c00ler_dood: LOLOLOLOL!!

Bashcraft pwned j00000!

Konoyarou!

Onizuka-GTO

Toshiba To Lose $666 Million (Cue Scary Music)

cactaur — Wed, 19 Mar 2008 08:09:28 MDT

Toshiba had to pay the devil his due.

cactaur

Toshiba To Lose $666 Million (Cue Scary Music)

okenny :) — Wed, 19 Mar 2008 08:08:16 MDT

It's really unfortunate but that's business for you... winners and losers yet this cold worlds keeps rolling on.

okenny :)

Toshiba To Lose $666 Million (Cue Scary Music)

cybereality — Wed, 19 Mar 2008 08:03:02 MDT

I called it. Sony made a deal with the Devil so Blu-Ray could win. Read the signs!

cybereality

Toshiba To Lose $666 Million (Cue Scary Music)

c00ler_dood — Wed, 19 Mar 2008 07:54:57 MDT

didn't mean to be rude but I used the money conversion website, xe.

c00ler_dood

Toshiba To Lose $666 Million (Cue Scary Music)

Brian Ashcraft — Wed, 19 Mar 2008 07:46:02 MDT

@c00ler_dood:
Says the BBC:
"Toshiba has said the decision to stop making high definition DVD players will cost the company 65bn yen ($666m; £330m) and hit its profits for 2007."

Brian Ashcraft

Toshiba To Lose $666 Million (Cue Scary Music)

c00ler_dood — Wed, 19 Mar 2008 07:20:00 MDT

stop making things up!
65,000,000,000 Japanese yen = 669.89 million U.S. dollars

c00ler_dood

Toshiba To Lose $666 Million (Cue Scary Music)

Jesse in Japan — Wed, 19 Mar 2008 06:54:20 MDT

Actually, the dollar has recovered a little, so it's more like 655 million dollars. Of course, that'll probably have changed by the time you read this.

Jesse in Japan

Toshiba To Lose $666 Million (Cue Scary Music)

Mattz — Wed, 19 Mar 2008 06:43:05 MDT

Perhaps a sign that a beast is about to rise?
Woe to you O' earth and sea for the Devil sends the Beast with wrath for he knows that time is short.
Let him who hath understanding reckon the format of the Beast. For it is a human format...It's format is Blu-Ray...
*guitar chords*

Mattz

Toshiba To Lose $666 Million (Cue Scary Music)

oldirtdog — Wed, 19 Mar 2008 06:38:34 MDT

IT'S ALL FOR YOU DAMIEN!!!! LOL!!

oldirtdog

Toshiba To Lose $666 Million (Cue Scary Music)

RPGr — Wed, 19 Mar 2008 06:34:58 MDT

@SmokeyTab: Orz, something is just wrong about that all Asain choir doing Fortuna (besides the fact that there isn't enough "oomph" to the actual singing).

RPGr

Toshiba To Lose $666 Million (Cue Scary Music)

Garo — Wed, 19 Mar 2008 06:33:18 MDT

@BtownDesignGuy:
Well maybe it's a sign that the beast has won!?

Garo

Toshiba To Lose $666 Million (Cue Scary Music)

BtownDesignGuy — Wed, 19 Mar 2008 06:26:07 MDT

So, wait, does that mean that HD DVD players are the mark of the beast? Makes me glad I didn't buy one!

BtownDesignGuy

Toshiba To Lose $666 Million (Cue Scary Music)

smartpatrol — Wed, 19 Mar 2008 06:25:02 MDT

I can't say I feel too sorry for them. We all knew that someone would have to lose and lose HARD from this HD-DVD vs Blu-Ray bullshit. They had countless chances to negotiate and settle on a common format. Hell, there was even an announcement at one point that they had reached an agreement (whereby Blu-Ray would be the physical format but it would use software from HD-DVD).

Instead, both sides decided to push on, knowing it was a huge gamble and that at least one side would lose a shitload of money. Nobody could swallow their pride enough to compromise, and now it costed Toshiba's shareholders billions. Hope it was worth it.

smartpatrol

Toshiba To Lose $666 Million (Cue Scary Music)

joelface — Wed, 19 Mar 2008 06:22:26 MDT

yah, as much as it sucks for Toshiba, if they didn't cut their losses when they did, they would have lost FAR more than that, in the end.

joelface

Toshiba To Lose $666 Million (Cue Scary Music)

Hylian — Wed, 19 Mar 2008 06:22:07 MDT

@SmokeyTab: lol, all asians

Hylian

Toshiba To Lose $666 Million (Cue Scary Music)

RobTheBuilder — Wed, 19 Mar 2008 05:59:29 MDT

Without the Playstation Sony would have been in the same situation for years now.

It's also far less than losses had they continued with HDDVD and then still lost later on.

RobTheBuilder

Toshiba To Lose $666 Million (Cue Scary Music)

SmokeyTab — Wed, 19 Mar 2008 05:58:56 MDT

SmokeyTab

Toshiba To Lose $666 Million (Cue Scary Music)

KM91 — Wed, 19 Mar 2008 05:52:50 MDT

@pirate_panda: Yeah, I heard about that scene.

KM91

Toshiba To Lose $666 Million (Cue Scary Music)

Astrofox — Wed, 19 Mar 2008 05:37:11 MDT

"profits are expected to drop 125 billion yen, compared to the 137.4 billion yen profit it recorded last year"

Ouch thats a huge drop, so they can expect only about a 12 billion yen profit this year.

Not much for such an enormous company :/

Astrofox

Toshiba To Lose $666 Million (Cue Scary Music)

Boudabras — Wed, 19 Mar 2008 05:29:20 MDT

666 million you say?!? Dun dun duuuuuunnnn!!

Boudabras

Toshiba To Lose $666 Million (Cue Scary Music)

VanFinale — Wed, 19 Mar 2008 05:23:56 MDT

@Garo: Gregory Peck is bad ass especially as Atticus Finch.

VanFinale

Toshiba To Lose $666 Million (Cue Scary Music)

MightyKAC — Wed, 19 Mar 2008 05:22:24 MDT

Hmmm Maybe time to start looking at buying Toshiba stock if it start dropping.....

Oh and yea.....

Awesome Pic...... :)

MightyKAC

Toshiba To Lose $666 Million (Cue Scary Music)

Garo — Wed, 19 Mar 2008 05:22:05 MDT

@pirate_panda:
Yep, it's from the new version but i prefer the original with Gregory Peck.

Garo

Toshiba To Lose $666 Million (Cue Scary Music)

pirate_panda — Wed, 19 Mar 2008 05:21:04 MDT

Is that picture from "The Omen", that creepy movie about the Antichrist?

pirate_panda

Toshiba To Lose $666 Million (Cue Scary Music)

Pezdispenser — Wed, 19 Mar 2008 05:18:05 MDT

I more concerned with 616 than 666, Nero freaks me out.

Pezdispenser

Toshiba To Lose $666 Million (Cue Scary Music)

Sabre_Justice: Okay, no more long name. — Wed, 19 Mar 2008 05:16:55 MDT

Where do you get these pics?

Sabre_Justice: Okay, no more long name.

Toshiba To Lose $666 Million (Cue Scary Music)

Garo — Wed, 19 Mar 2008 05:15:55 MDT

LOL "I love you Damien"

Garo

Toshiba To Lose $666 Million (Cue Scary Music)

Billkwando — Wed, 19 Mar 2008 05:14:52 MDT

Nice choice of pics. "The party pooper"

Billkwando

Toshiba To Lose $666 Million (Cue Scary Music)

Islandkiwi — Wed, 19 Mar 2008 05:14:39 MDT

It hurts, but it's by no means fatal. Toshiba makes a fair amount of scratch every year, and by ditching the format early they can now jump on the Blu-Ray bus if they choose to.

Islandkiwi

Toshiba To Lose $666 Million (Cue Scary Music)

Voyevoda — Wed, 19 Mar 2008 05:11:23 MDT

Tough break for toshiba.
Im Short-selling already!

Voyevoda