Two Votes of Confidence

Discussion in 'More News from Your Google TV News Team' started by Rickaren, Jan 27, 2011.

  1. Rickaren

    Rickaren New Member Staff Member

    Nov 20, 2010
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    Indiana, Logitech Revue

    Logitech calls Google TV a 'highlight' in its earnings report

    January 27, 2011 By Jim O'Neill

    Logitech, which partnered with Google on the launch of the Logitech Revue with
    Google TV this year, said third quarter 2011 sales were $754 million, up 22 percent from $617 in the same quarter a year ago. The company said net income was $65 million (36 cents per share), up from $57 millions (32 cents per share) in 3Q2010.

    The company called its rollout of Logitech Revue and Google TV a "highlight of the quarter," and said it was confident of the long-term potential of the Google TV platform.

    It was the second vote of confidence the platform has received in the past two days during earnings reports.
    in a letter to shareholders, yesterday said it hasn't given up on Google TV, expected more users to stream video over the platform because "the concept of Android and Chrome built into televisions and Blu-ray players is powerful." It said it would continue to invest in its own Google TV application.


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