Toshiba dropping HD DVD?

The Hollywood Reporter is citing “reliable industry sources” in their story that Toshiba is ready to throw in the towel and admit defeat in the Hi Def war. An interview with Toshiba’s VP of marketing seems inconclusive, but said VP does admit that Toshiba is weighing it’s options. Read the whole article here.

When it comes to the format war speculation always tends to run rampant, with both sides accusing each other of spreading rumors. Whether the story is true or not, it will certainly make excellent fodder for the message boards, so have at it!

Playstation 3 outsells XBOX 360 in January

For the first time in a long time the Playstation 3 outsold the XBOX 360 in units sold in the month of January 2008.

The PS3 sold 269,000 units against 230,000 for XBOX 360. However, both units was beaten by the Nintendo Wii which had 274,000 units.

Microsoft has said that shortage of machines may have impacted the numbers. “Our retailers are telling us that Xbox 360 is selling as fast as they can restock,” “but due to this high demand, Xbox 360 is experiencing temporary shortages. We are working as quickly as we can to replenish inventory.

“If you compare spending the winner was the XBOX 360 with 297 million followed by 244 million on Wii and $219 million on PS3. $159 million was spent on Xbox 360 games alone in January compared to $131 million on Wii and $80 million for PS3.

To date an estimated 17.7 million XBOX 360’s has been sold, an estimated 10.4 million PS3’s and more than 20 million Wii consoles.

Source: NPD Group.