Logitech's 'disappointing' Q4 results not helped by poor Revue sales; will cut price to $249

There wasn't much good news for Logitech investors when the company revealed its results for the financial fourth quarter, as it fell far below targets for sales and revenue. Most of the blame went towards weak performance in Europe, the Middle East and Africa, but it also suffered from far lower than expected sales of the Google TV-powered Revue and its accessories, accounting for only $ 5 million in sales, down from $ 22 million the quarter before and short of its estimate of $ 18

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