Logitech sees Google TV sales plummet to just $5 million

By on April 29, 2011, 5:54 PM
Logitech is having a rough time as a Google TV launch partner; the Logitech Revue was released in October 2010 and it's already seeing very poor sales. The company's set-top box and accessories only generated about $5 million in FY Q4 2011 (PDF, via GigaOm).

In FY Q3 2011, Logitech reported Google TV product sales of $22 million. The company was estimating to sell another $18 million this past quarter, meaning it missed estimates by more than 70 percent. The drop in Google TV sales was also reflected by a 28 percent rise in inventory. Despite this, Logitech CEO Gerald P. Quindlen told investors during the quarterly earning report that he is still "enthusiastic about Google TV."

Google's partners are having trouble pushing Google TV as many consumers are finding the platform too complicated to use. It also doesn't help that many TV networks are blocking Google TV in the US. Google has quite a lot of work to do.

The search giant has promised to let Google TV users one day download and install Android apps. That's still scheduled for a future update, though timing is still unknown. A good bet is next month at the Google I/O 2011 conference, which is taking place on May 10, 2011 and May 11, 2011.

The Logitech Revue features HDMI input and output, 802.11a/b/g/n and 10/100 Ethernet, S/PDIF-out, and two USB 2.0 ports. It also comes with a keyboard with integrated touch and directional controls, an HDMI cable, an IR blaster, and a pair of AA batteries. The set-top box has five optional accessories: the Logitech TV Cam, the Logitech Mini Controller, the Logitech Harmony App for Android and iPhone, the Logitech Keyboard Controller, as well as the Logitech HD Powerline Kit and Adapter.




User Comments: 6

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MrAnderson said:

Why are they not surprised? They boxes are too big, (from what I have heard, lacking in functionality), and over priced. Googe TV should be Roku on crack... They should be using a low power processor and have models at 79.99 to star and up. They need the Major players on board like Netflix and Hulu... and have superior Youtube and other services like Vemio support. Also, since it is google, developers should have a great widget SDK and a more deep SDK to play with... what is wrong with this picture. Google focus! You are one of the companies that can do this right.

LinkedKube LinkedKube, TechSpot Project Baby, said:

They should have given me one of those tv's for free and I would have helped them promote it.

Guest said:

I'm surprised they even sold those $5 million worth in goods... Google TV Jeez :D

Emil said:

supersmashbrada said:

They should have given me one of those tv's for free and I would have helped them promote it.

[link]

Guest said:

I'm still trying to figure out what Google TV is and why I should need it.

Archean Archean, TechSpot Paladin, said:

I wouldn't want one for free either, probably because I don't believe 'freeware' is always good.

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