Electronista: Toshiba will take a serious but far from fatal blow to its bottom line for its decision to discontinue HD DVD, according to a report by Japan’s Nikkei Business Daily.
The electronics maker is predicted by the newspaper to be spending $986 million (631 million euro) this quarter to ramp down its production of HD DVD players and discs at its factories as well as writing down the cost of unsold devices.
The tally will significantly affect Toshiba’s income but should still result in a significant profit, as official company estimates would have it generating $2.9 billion (1,8 billion euro) in the same period.
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