SILICON VALLEY is a factory for world-changing technology, but if you bought any of these products, you were one of the few.
With some of these product flops, developers and investors have really missed the mark.
The first release of Apple Maps was buggy, inaccurate and didn’t give users a good reason to switch from Google Maps.
Apple CEO Tim Cook apologized in a letter on behalf of the software.
“With the launch of our new maps last week, we failed in that commitment. We deeply apologize for the frustration this has caused our customers and we are doing everything we can to make Maps better,” he wrote.
Public response to the software was so poor that it was used as a punch line on the tech startup-inspired comedy show Silicon Valley.
All in all, the Zune was pretty much comparable to an iPod – a Slate review by Zune HD said “If you bought one over the iPod Touch in 2009, you wouldn’t have regretted it.”
While the Zune was decent in hindsight, it never really took away from the market share, and the line was discontinued in 2012.
Apple founder Steve Jobs thought the Zune lacked an inspiring origin story.
He told biographer Walter Isaacson, “The Zune sucked because the people at Microsoft don’t really love art or music.”
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The Tesla Roadster
Missed deadlines and widespread skepticism led Silicon Valley-based tech magazine Valleywag to call the Tesla Roadster its number one mistake of 2007.
Today, Tesla is the most valuable auto company in the world with a market cap of more than $1 trillion.
In 2017, a Faraday Future FF91 vehicle left an audience in a fog of awkward silence when its self-parking feature failed during a Las Vegas demonstration.
Faraday Future founder and former CEO Jia Yueting filed for bankruptcy in 2019 to pay off more than $3 billion in debt.
Earlier this year, Faraday Future employees were subpoenaed by the Securities and Exchange Commission for making inaccurate statements to investors about Yueting’s ownership of the company since its IPO.
Luna is a cryptocurrency that went from $86 to less than a cent per coin in just a few days.
Do Kwon, Luna’s founder, is a South Korean entrepreneur who tweeted “I don’t discuss the poor” in response to a thread criticizing decentralized finance.
More than $17 billion in crypto assets have been wiped out.
The HTC First was produced with a custom Android interface that ran effectively on top of Facebook widgets and plugins.
AT&T dropped the price from $99 to just $1 when the device didn’t go public.
At the time, consumers were concerned about fully integrating their hardware and software with Facebook for data protection reasons – the perception of Facebook’s security has not increased.
Facebook’s cell phone outage could bode badly for their Metaverse products.
Tech outlets have declared Quibi an impersonation error.
Reporters from The Verge wrote, “The problem Quibi could never solve was, ‘Why do I need this?'”
The app came with a $5 subscription fee, the content was mediocre, and the company was the culprit in a lawsuit over the technology it used to flip videos from portrait to landscape.
Quibi began shutting down six months after its launch — Roku scrapped the company for parts and bought all 75 of its programs.
The Hyperloop, touted by billionaires Elon Musk and Richard Branson, was meant to make traffic a thing of the past and propel humanity into the future at 670 miles per hour.
“Honestly, I think it’s a lot easier than people think,” Musk told CNN in 2015.
It’s 2022, and the next thing publicly accessible is a 1.7-mile tunnel under Las Vegas that Teslas drive through — Kylie Jenner thought it was cool, but it still doesn’t get anyone from San Francisco to LA in 35 minutes.
The Juicero was a high-tech blender whose main competitor was a two-handed person.
The company raised $120 million in funding to produce a WiFi-enabled blender that could run on pre-diced packets of fruit.
After the fanfare for “The Keurig for Juice” subsided, consumers realized they could hand-squeeze the packets to achieve the same results – eliminating the need for a $400 blender connected to the internet , has been completely eliminated.
Product failures can have many explanations as to why consumers haven’t immersed themselves.
For every tech home run, there are dozens of duds and flops scattered behind them.
https://www.the-sun.com/tech/5656044/biggest-tech-product-flops-of-all-time/ The biggest tech flops of all time from Apple Maps to the first Tesla – did you have any?