johnwmclean Posted April 12, 2017 Report Share Posted April 12, 2017 Was saddened by this news; http://powersource.post-gazette.com/powersource/companies/2017/04/11/Toshiba-unaudited-earnings-westinghouse-pittsburgh/stories/201704110113 Quote Link to comment Share on other sites More sharing options...
sbelyo Posted April 12, 2017 Report Share Posted April 12, 2017 how can you go broke being in the nuclear power and memory chip business? Oh well... Quote Link to comment Share on other sites More sharing options...
grawk Posted April 12, 2017 Report Share Posted April 12, 2017 how can you go broke being in the nuclear power business? Oh well...Over regulation preventing any new power plants from coming online. 2 Quote Link to comment Share on other sites More sharing options...
sbelyo Posted April 12, 2017 Report Share Posted April 12, 2017 ahh, good point Quote Link to comment Share on other sites More sharing options...
grawk Posted April 12, 2017 Report Share Posted April 12, 2017 the real question is what was toshiba thinking when they bought that division? 1 Quote Link to comment Share on other sites More sharing options...
dsavitsk Posted April 12, 2017 Report Share Posted April 12, 2017 2 hours ago, grawk said: Over regulation preventing any new power plants from coming online. How dare we let little things like health, safety, and the environment get in the way of Toshiba's profits. 3 Quote Link to comment Share on other sites More sharing options...
Wmcmanus Posted April 12, 2017 Report Share Posted April 12, 2017 The potentially good news is that the electronics division/brand/stuff will no doubt be spun off in a reorganization (if they can get away with it) or more likely sold to another large tech company prior to dragging those assets into an all out bankruptcy. More cash flow for their shareholders that way, as opposed to a slow, piecemeal and court controlled asset sell off. So hopefully that will mean better products and lower prices to the end consumer of whatever company can pick up their assets and technology on the cheap. 1 Quote Link to comment Share on other sites More sharing options...
skullguise Posted April 12, 2017 Report Share Posted April 12, 2017 (edited) 2 hours ago, dsavitsk said: How dare we let little things like health, safety, and the environment get in the way of Toshiba's profits. Are you channeling your inner Trump? Edited April 12, 2017 by skullguise Quote Link to comment Share on other sites More sharing options...
TMoney Posted April 12, 2017 Report Share Posted April 12, 2017 Reading through some of Richard Rhodes' (phenomenal) books on the development of the Atomic Bomb and Hydrogen Bomb taught me that Nuclear Power and Nuclear Power Plants are tremendously complicated issues that are woefully misunderstood by the general public. I can understand the fervor of the anti-nuclear movement as well as fervor of the pro nuclear side. The Fukushima disaster, unlikely as it was, seems to have ended the prospects of new nuclear power plant construction in the 1st world. Sucks for Toshiba, but that is the way the cookie crumbles. -- Good thing we have Rick Perry in charge of the Department of Energy. A man who didn't even know what the DoE did. Quote Link to comment Share on other sites More sharing options...
Grahame Posted April 12, 2017 Report Share Posted April 12, 2017 If he could remember he wanted to shut it down. Oops! https://www.nytimes.com/video/us/politics/100000004820721/rick-perrys-energy-department-oops-moment.html Quote Link to comment Share on other sites More sharing options...
robm321 Posted April 12, 2017 Report Share Posted April 12, 2017 (edited) 16 minutes ago, TMoney said: ...Nuclear Power and Nuclear Power Plants are tremendously complicated issues that are woefully misunderstood by the general public... Yep. Same goes with world politics, war, etc. But I'm fortunate, because according to my Facebook feed all my friends are experts in everything. Not only that, but they are passionate about their points of view which is displayed by shaming the L or R on the other side who's apparently an idiot. Edited April 12, 2017 by robm321 Quote Link to comment Share on other sites More sharing options...
TMoney Posted April 12, 2017 Report Share Posted April 12, 2017 Gotta love the culture-wars! 1 Quote Link to comment Share on other sites More sharing options...
ironbut Posted April 12, 2017 Report Share Posted April 12, 2017 Bummer. I wonder who's gonna cover the warranty on the 7 Toshiba HD drives that are currently in rotation in my system? Quote Link to comment Share on other sites More sharing options...
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