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