Logitech has posted its financial results for Q3 of its 2013 fiscal year, and they're not too encouraging: the company made an operating loss of $180 million off sales of $615 million. Retail sales were down 14 percent year on year, and CEO Bracken Darrell has announced plans to take "decisive action" on the "unacceptable" results. And he's not kidding — the company has "initiated the process" to divest itself of its Harmony remote control division, along with its security video camera business. By the end of this year, Logitech also plans to have discontinued "non-strategic products" including video game console peripherals and speaker docks. Darrell says the strategy is for the company to focus on PC-related products and maximize profitability. The news isn't entirely bad, though, with Darrell buoyed by "continued strong demand" for the Ultrathin Keyboard Cover for iPad.
Christie Helps Raise Knowledge and Awareness Of The Benefits Of State-Of-The-Art Visualization Display Systems Technology
ProPanel Enables Complete Control Over Systems Via iPad(R), iPhone(R), and iPod Touch(R)
Approximately a quarter of the industry took part in the survey.
UltraLink/XLO Introduces MicroFlat HDMI and Caliber Series Cables at CES And the Diminutive 5-Inch Square USub for UCubes and Other A/V Systems
MicroFlat delivers amazing flexibility creating cleaner, less obtrusive, easier to complete installations
The Latest Most Advanced Versions of the Popular Ultra™ Series
DSE 2013 Special Interest Seminar Program to Focus on Retail, Corporate Communications & Automotive Manufacturing
Geared specifically to end-users in Retail, Automated Retail, Automotive Retail, and Corporate Communications categories.
The event also marked the introduction of KiAN Concert Sound Services' new LEOT large-scale sound reinforcement system from Meyer Sound.
The La Jolla opening marks the fifth location for ArcLight Cinemas
This new technology will be applied to the entire catalogue of Genelec loudspeakers to minimise energy waste and significantly reduce power consumption when items are left in standby mode.
New Exciting Features Added to Flypaper Software to Enhance User Experience
Yamaha CD-N500 Network CD Player Provides Seamless Access to MP3s, Internet Radio and Streamed Content
-Music mavens can keep their valued CD collections in the flow of their digital lifestyles; Controller app turns handheld devices into remote controls-
Leveraging the innovation of the wireless RF mesh technology, Linear's portfolio now adds versatile Z-Wave products for dealers and OEM partners seeking intelligent wireless control solutions for commercial and residential environments.
New system integration hardware and innovative 3GSDI solutions for professional and broadcast applications
First iPad enclosure designed specifically for the professional AV market that combines security, aesthetics, and a wide variety of mounting options.
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Automation & Control - Featured Product
Custom scenes (connecting up to 250 switches) in your living, family or great room, kitchen, study, master bedroom/bathroom, and office. Turn off all lights in your home at the touch of a button. Automatically (Timer Scheduler) turn on/off outdoor security lights, heating and AC, or provide night light convenience anywhere in your home. From creating a virtual 3 way switch anywhere in your home, to turning a group of lights when your garage door is opened, door bell or phone rings.