Format war costs Toshiba 1bn dollars

I would have thought that after the VHS/Betamax format war companies had learned. Clearly with HD-DVD vs. BlueRay Toshiba got majorily p0wned by Sony. Talk has it, that Toshiba’s losses totaled in 2007 alone to a billion dollars – ouch.

It won’t drive Toshiba under or anything, but you seriously have to ask yourself, was it really all worth it?