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Sony stocks rise, Toshiba falls after Warner goes Blu-ray exclusive |
Listed in: PS3 Tags: gaming accessories, Sony, Toshiba
The new year brought about a startling new development to the format wars that may finally bring about its conclusion. We're talking about Warner Bros.' decision to go Blu-ray exclusive. Following this, Sony stocks at the Tokyo Stock Exchange rose.
Sony stocks saw a brief slump a few days ago, along with the stocks of other Japanese companies, due to some economical fluctuations. With Warner Bros. Entertainment's announcement however, Sony's stocks rose 0.9% in the market.
On the other side of the spectrum, stocks of one of the largest HD DVD backers, Toshiba, fell 2.5%, the lowest point it has seen in more than nine months. A spokesman for Toshiba expressed the company's disappointment with Warner Bros.' decision.
Will the format war finally draw to its conclusion? Check back for developments.
Thanks to Apu for the tip!
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If anyone can guess who said this in the same way for(for something else) and what it was for, you get a free Internet Cookie. ;)
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1. Go suck a ****
2. Do more research next time.
3. Stop being a microsoft zombie.
I like Toshiba, but I don't go with them because of their name. ;D
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... oh, wait. I don't feel sorry for them at all.
Sucks to be them.
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