Toshiba's net profit plunges

April 26th, 2008  
Team Infidel

Topic: Toshiba's net profit plunges

Toshiba's net profit plunges
TOKYO (AP) - Japanese electronics maker Toshiba said Friday its net profit plummeted a staggering 95 percent in the January-March quarter due to losses related to its exit from the next-generation video HD DVD business. Toshiba Corp.'s profit stood at 1.25 billion yen ($12 million), sharply down...

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