Logitech Dumping GoogleTV – $100 Million Lost?
Most days we get to bring you great news in technology, but some days we just have to share bad news too. Apparently, Logitech is discontinuing their GoogleTV product. Guerrino De Luca, The CEO of the company, didn’t mince words when describing why. He called the 2010 launch of the Revue, “a mistake of implementation of a gigantic nature.” He also indicated that “operational miscues” cost his company $100 Million, and indicated that the failure was due to a “a full scale launch with a beta product.” He further added, “To make the long story short, we thought we had invented [sliced] bread and we just made them. [We made a commitment to] just build a lot because we expected everybody to line up for Christmas and buy these boxes [at] $300 [...] that was a big mistake.” Here’s a quote from the AndroidPolice article with a final summation,

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