Sunday July 31, 2011

Google TV Revue Returns Greater Than Sales

Logitech reports the company lost $30M in the first quarter, mainly attributed to Google-TV related products. The losses have prompted Logitech to fire its CEO and drop the price of the Revue to $99 from $249. Logitech is now seeing more returns than sales on the Google powered Revue box.

Still, neither Logitech nor Google are giving up on Google TV. Both partners believe the platform will be successful for the long haul over time.

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