Tag Archives: death of hddvd
Tue, Feb 19, 2008 | 20:49 GMT
“We believe Blu-ray’s victory could drive market share gains for the PS3, as we believe consumers will now be more willing to pay up (versus 360) for the standard Blu-ray player,” said William Blair analyst Ralph Shackart.
Sony US shares rose to a session high of $47.07 in early trade on the NYSE before easing to $46.30, up $1.52, or 3.4 percent from the Friday close. On Monday, markets were closed due to the President’s Day holiday.
Wed, Feb 20, 2008 | 07:34 GMT
According to this, this morning’s HD-DVD cancellation is likely to push PS3 sales up 10 percent in the short-term and lay the way clear for a heavy increase in sales this holiday, as predicted by videogaming247.
“Longer term, I think it’s a huge boon for Sony, as most retail clerks will be instructed to push Blu-ray along with sales of HD monitors at holiday, so we should see a large increase in PS3 sales year-over-year at holiday,” said Wedbush Morgan’s Michael Pachter.
Ed Barton and Richard Cooper, from Screen Digest, broadly agree: “With the format war over, and the end of the consumer indecision resulting from it, video consumers are likely to purchase the PS3 as the most cost effective, future proof Blu-ray player,” they said.
“In the longer term lower price, higher specification set-top Blu-ray players will take on the role as best entry level Blu-ray player but not within the next 12 months. This could result in a small but significant rise in the number of PS3s bought over the next 12 months as Blu-ray players.”
Full thing through the link.
Tue, Feb 19, 2008 | 22:11 GMT
As predicted, Toshiba’s confirmed a “discontinuation” of its HD-DVD businesses.
In a statement, the company said:
Toshiba Corporation today announced that it has undertaken a thorough review of its overall strategy for HD DVD and has decided it will no longer develop, manufacture and market HD DVD players and recorders. This decision has been made following recent major changes in the market. Toshiba will continue, however, to provide full product support and after-sales service for all owners of Toshiba HD DVD products.
“We carefully assessed the long-term impact of continuing the so-called ‘next-generation format war’ and concluded that a swift decision will best help the market develop,” said Atsutoshi Nishida, president and CEO of Toshiba Corporation. “While we are disappointed for the company and more importantly, for the consumer, the real mass market opportunity for high definition content remains untapped and Toshiba is both able and determined to use our talent, technology and intellectual property to make digital convergence a reality.”
Full statement here.
Mon, Feb 18, 2008 | 21:48 GMT
Please, let it end. According to this, the Nikkei is now reporting that Toshiba president Atsutoshi Nishida will be announcing the final discontinuation of HD DVD tomorrow, as well as halted sales of hardware and media by March. Like, within two weeks.
According to that Engadget report, Toshiba is planning to just pull all HD-DVD-related stock off store shelves and make no compensation to adopters. The announcement is expected to be made alongside another piece of news about semi-conductors, designed to overshadow the fact that Toshiba just binned hundreds of millions of dollars in the disc war against Blu-ray.
Can we talk about games again? Please?
Mon, Feb 18, 2008 | 21:39 GMT
The rise left the machine “ranked in the No. 10 position in the videogames division,” said the report.
In other HD-DVD comedy news, even the BBC’s in on the act, reporting that, “It looks as though Toshiba has lost this format war.” See the video below.
Mon, Feb 18, 2008 | 19:43 GMT
Microsoft has issued a statement on the impending announcement on the fate of HD-DVD from Toshiba, saying that the company’s withdrawal from the next gen disc space won’t have “any material impact on the Xbox 360 platform or our position in the marketplace” adding that “it is games that sell consoles.”
“We will wait until we hear from Toshiba before announcing any specific plans around the Xbox 360 HD DVD player,” said the statement.
Microsoft’s comment follow a turbulent few days for HD-DVD, with an announcement expected to confirm on Tuesday that Toshiba is to drop the format altogether.
Mon, Feb 18, 2008 | 11:25 GMT
“The media reported that Toshiba will discontinue its HD-DVD business,” said a spokesperson. “Toshiba has not made any announcement concerning this. Although Toshiba is currently assessing its business strategies, no decision has been made at this moment.”
Toshiba’s shares are up 6 percent in Japanese trading today, pushed by the news that Toshiba is making a sensible exit from a potentially damaging contest with Blu-ray in the next gen disc space. A final announcement from Toshiba is expected on Tuesday.
Mon, Feb 18, 2008 | 08:58 GMT
While Toshiba is yet to make a formal announcement on the state of its beleaguered HD-DVD format – following weekend reports that the company is to cancel the disc brand completely – US retailers are already slashing Blu-ray disc prices and some have dropped HD-DVD from their President’s Day advertising.
According to this, Circuit City has dropped up to $10 off Blu-ray discs, and is carrying “Step into Hi-Def with Blu-ray” ads with no mention of HD-DVD at all.
Best Buy has now dropped some Blu-ray titles as low as $14.99.
“We still sell HD-DVD’s but we are telling customers that Blu-ray won,” a New York Best Buy sales assistant told Reuters.
Mon, Feb 18, 2008 | 08:36 GMT
According to this, a final decision on the fate of HD-DVD may come from Toshiba as soon as Tuesday.
“A company official, speaking on condition of anonymity as she is not authorized to speak on the matter, said a board meeting could be held as soon as Tuesday, where a decision is likely,” said the AP report.
The news comes after NHK first published a piece saying Toshiba was the drop the ailing format, which was that backed up by a Reuters piece on Saturday. Engadget then posted this this morning, saying a final announcement is expected from Toshiba in the coming days.
Tue, Feb 19, 2008 | 06:44 GMT
That was the news – Week 7, 2008: Death of HD-DVD leaves way open for explosive PS3 sales in late 2008
Hindsight’s a beautiful thing. We all said CES was terrible for gaming this year, and we were right in part. Microsoft decided to stay away, not even showing Xbox 360 on its stand, and PS3 was virtually non-existent. One of the big stories of the show, however is likely to have a huge impact on how this console generation plays out, even if most of us didn’t realise it at the time: just before the Las Vegas expo, Warner Bros. dropped HD-DVD.