Logitech's Fourth Quarter Results Disappoint - Revue Price Drop Coming

Posted Mon May 2, 2011 at 07:30 AM PDT by Dick Ward

Logitech didn't do great this year, and poor sales of the Revue didn't help.

Things haven't been going well for Logitech. Despite creating their own Google TV device - a move that seemed like a surefire win - the company was unable to capitalize.

The Revue brought in just $5 million in the fourth quarter of 2010. That's down significantly from the $22 million in sales in the third quarter and nowhere near the $18 million that Logitech expected.

That doesn't mean they're backing away. If the Google TV platform is able to be revamped into a more attractive prospect for consumers, the Revue is still a solid device. They are dropping the price though, from $299 to $249.

Source: Engadget

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Tags: Revue, Google TV, Logitech (all tags)