Hey everyone, remember a few weeks back when we speculated that Logitech may be pulling out of Google TV? Well, as it turns out, it looks like we were right. As stated by Logitech’s CEO Guerrino De Luca, Logitech is done with Google TV:
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.
While Logitech still undoubtedly hopes to unload their remaining stock of Revues with what may be a renewed wave of interest with the Honeycomb update, their work on Google TV is done. De Luca noted that while Google TV may have marketplace success in the future, he believed any notable success is still a long way off, and that Logitech will not be involved if and when that success occurs.
Logitech, which “executed a full scale launch with a beta product” (De Luca), lost $100 million dollars when consumer demand failed to (even remotely) meet expectations. It really must have hurt if they are swearing off Google TV forever, despite acknowledging that it may still have a significant future. If Logitech is out, should Google worry about losing Sony, which has also suffered significant losses as a result of low Google TV interest? Stay tuned to find out.
[via MacRumors]
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