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Toshiba: $299 HD DVD Player Selling Fast
Company says sales are up tenfold at some retailers.
By Phillip Swann
 
Washington, D.C. (May 30, 2007) -- Toshiba is now running a one-month promotion offering a $100 instant rebate on its HD DVD player. The discount drops the price to $299 and Toshiba says consumers are scooping them up.

According to Video Business, Toshiba says the rebate has increased sales of the high-def disc player by as much as tenfold at some retailers.

“We’re thrilled to see that consumers are, by far, choosing Toshiba’s HD DVD players as their source for high-definition,” says Jodi Sally, vice president of marketing for Toshiba.

At Amazon.com, the Toshiba HD-A2 HD DVD player is now ranked #16 in overall electronics sales. Yesterday, TVPredictions.com reported that Amazon was selling the player for just $242, but a strong demand caused the e-commerce site to raise the price back to $299.

Toshiba's one-month $100 instant rebate is good until June 16, but many industry observers are predicting a price war between HD DVD and its rival, Blu-ray. Panasonic this month announced the launch of a $599 Blu-ray player and Sony is scheduled to issue a $599 Blu-ray player this summer.

The two high-def formats
are locked in an intense battle for the new high-def disc audience. Many industry officials, particularly retailers, are urging an end to the format war, saying it's confusing consumers. Consequently, they say, high-def player and title sales are well below what they should be.

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Phillip Swann is president and publisher of TVPredictions.com. He has been quoted in dozens of publications and broadcast outlets, including CNN, Fox News, Inside Edition, The New York Times, The Washington Post, The Chicago Tribune, The Financial Times, The Associated Press and The Hollywood Reporter. He can be reached at swann@tvpredictions.com or at 703-505-3064.

Click TVPredictions.com to read more news and features on TV technology. 

 
 
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