Toshiba May Well Exit HD DVD, Handing Big Win To Sony (SNE)

Posted: February 17, 2008 at 8:14 am

It appears that Sony (NYSE: SNE) has finally won the battle for high-definition DVDs. Last week, Wal-Mat (WMT), Best Buy (BBY), and NetFlix (NFX) dropped the Toshiba HD DVD format in favor Sony’s Blu-ray format.

According to The Wall Street Journal "Toshiba Corp. is highly likely to pull out of the HD DVD business early this week."

Douglas A. McIntyre

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