In case you've missed this so far, various sources (including our own Technology blog) are reporting that Toshiba is planning to pull out of HD-DVD production. Recently, the main driving force behind the HD format has seen the likes of Warner, Walmart and Netflix abandon its product, with even Microsoft rumoured to be weighing up the possibilities of Blu-ray support for Xbox 360. According to Bloomberg, Toshiba stock rose by 5.7% in response to the reports - presumably because it would allow the manufacturer to focus on more profitable areas of its business.
And of course, if Blu-ray is crowned the HD champion of the world (what a ceremony that would be), PS3 can only benefit.
