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Actually, I'm not sure they learned anything from Betamax. Other companies avoid format wars; Sony launches them, always hoping for license fees. Minidisc, ATRAC, Memory Stick, Digital8, UMD: all formats launched into crowded markets, usually with little or no advantage over the incumbents.

(I thought Blu-Ray was an example, but a quick Wikipedia check says Blu-Ray was announced 2 months before the DVD Forum voted to develop HD-DVD.)

They've won a few, too; most notably, 3.5" floppies (where Apple crowned the winner by choosing Sony for Mac).



Format wars are like the lottery. If you play often enough you might strike it lucky one day and that will make up for all the tickets you bought.

I can see why they keep playing, the odds are considerably better than in the lottery, even if the price of the tickets is higher.




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