Every active web surfer knows that the end of the high-definition format war costed HD DVD lots of money. Last Friday the Japanese tycoon said that their net profit 'plunged 95 percent' due to HD DVD's exit. With a net profit of 1.25 billion yen Toshiba seems to miss out on reaching last year's overall profit of 26.17 billion yen. "Our net profit sharply fell due to the end of HD DVD business," Toshiba spokeswoman Hiroko Mochida said to the Herald Tribune.

Toshiba's quarterly report came after the end of a trading day at the Tokyo Stock Exchange. Immediately Toshiba shares dropped two percent. Besides HD DVD's withdrawal Toshiba had a tough time handling a drop in flash memory chips...

Probably a quarter that Toshiba wants to forget quickly.