Logitech makes just $5m from Google TV, hints future models
Logitech was herald of wider problems with Google TV on Thursday after its winter fiscal results (PDF) revealed very low numbers. The peripheral maker made just $5 million in sales from the Revue and all its accessories. At $300 per device, the figure would have seen it ship fewer than 16,700 of the Android-based media hubs. The sales were a steep drop from the $22 million in the fall, the Revue's first full quarter in shops. It also fell well below its official estimates of $18 million. Logitech chief executive Gerald Quindlen justified the plunge by claiming that his firm had reduced the amount of marketing, but the claim was contradicted by a 19 percent increase in marketing costs that had been focused heavily on Google TV. Some anticipation has circulated around a reboot of Google TV at the upcoming Google I/O conference in May. While never confirmed by Google, rumors have persisted that it forced a last-minute delay in many companies' Google TV plans that pushed their launches from the CES expo in January to the fall to give time for a theoretically much improved version of the platform.
This post does not have any comments. Be the first to leave a comment below.
Post A Comment
You must be logged in before you can post a comment. Login now.