Best Buy: We're Sorry We Burned You With HD DVD. Here's $50

A salve for those still smarting about their HD DVD purchase: Best Buy  (BBY) will give you a $50 gift card if you bought a player or a HD DVD drive from them. And if you were snookered into buying a player from Circuit City in the last 90 days, you can return the whole thing to them for store credit. Hurry up!

No such luck for Toshiba, which was pushing the failed format. The company just announced it would lose $666 million on HD DVD this year. The one consolation: That’s less than the $1 billion previously reported.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

blu-ray sai-us