K-Mart discounts Xbox 360 HD DVD Player to $5.00
Published: July 2, 2008 9:22 AM PDT
K-Mart stores have discounted Microsoft Corp.'s Xbox 360 HD DVD Player to $5.00 as the retailer moves remaining units of the defunct high-definition peripheral.
The device, which allows Xbox 360 owners to play Toshiba Corp.'s HD DVD format titles, launched in Nov. 2006 for $199.99.
It was later discounted to $179.99 in a price war against Sony Corp.'s Blu-ray disc format.
Toshiba in Feb. exited the HD DVD format business after companies including Warner Bros. Home Entertainment, Best Buy Co. Inc., and Netflix Inc. defected to Blu-ray.
Retailers including Best Buy and Circuit City Co. Inc. have cleared all in-store HD DVD inventory.
Amazon.com has discounted a wave of HD DVD titles by up to 60 percent to clear inventory.