from the when-purchase-means-traction dept.
itwbennett writes "According to a report in the Wall Street Journal, returns of the Logitech Revue (Google's set-top box) exceeded sales in the first quarter. Explaining why sales were so poor, Logitech Chairman Guerrino De Luca went way out on a limb, saying: 'There was a significant gap between our price and the value perceived by the consumer.' So significant that 'Logitech must take a $34 million charge in the first quarter, which more than comprises the company's Q1 net loss of $30 million,' writes blogger Chris Nerney. 'In other words, Google TV is pushing Logitech into the red!'"
...when fits of creativity run strong, more than one programmer or writer has
been known to abandon the desktop for the more spacious floor.
- Fred Brooks, Jr.