Consumer Electronics
Microsoft (MSFT) XBox To Be Damaged By Death Of HD DVD
Published:
Microsoft (NASDAQ: MSFT) backed the wrong horse in the fight for high definition DVD disks and players. Redmond sided with Toshiba and its HD DVD platform and shipped the Xbox 360 with playback capacity for that platform. Sony (NYSE: SNE) backed the Blu-ray format which runs on the PS3.
Now that Wal-Mart (NYSE: WMT), Best Buy (NYSE: BBY), and NetFlix (NASDAQ: NFLX) have walked away from HD DVD, the technology is likely to be pulled from the market. According to Reuters "We do not believe the recent reports about HD DVD will have any material impact on the Xbox 360 platform or our position in the marketplace," the company said. The statement should inspire some confidence, it doesn’t.
The XBox 360 has just lost and edge to PS3 in a market where it cannot give up an inch.
Douglas A. McIntyre
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
