This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Worst CES Offerings Ever

4. Gizmondo

It could have been worse for Apple: It could have tried the reverse approach to mobile gaming.

Gizmondo was a company built around the notion that a mobile phone/PDA -- remember when PDAs weren't just awkward makeout sessions in highly visible spaces? -- could be a secondary function of a handheld gaming console. Yes, they actually wanted you to carry around something that looked like a Nintendo Wii U controller and use it as your phone or traveling secretary.

The company that produced it, Tiger, not only wanted you to pay $230 for it, but to sit through commercials before playing. You don't want to endure ads, you say? Then cough up $400 for an ad-free version.

Though the Gizmondo impressed at CES in 2005, consumers were less than thrilled by the price and a catalog of games that numbered little more than a dozen and spent much of the console's life on the "to be released" list. Only about seven ever hit shelves in the U.S.

The results were disastrous. Only 25,000 sold. The unit's Bluetooth connectivity for multiplayer gaming was rendered useless by the fact that nobody owned one. Its GPS capability was hampered by awful mapping. To make matters worse, the company announced months after releasing the first Gizmondo that a better, widescreen version with Wi-Fi and a port for television display was on the way.

Gamers stopped buying the old console, the new one never materialized and the Gizmondo was discontinued in 2006 when the company making it went under. In 2008, one of the company's partners announced there would be a Gizmondo 2, but that never came to pass, either.

The ideas behind this console had a lot of potential, but Nintendo, Sony and even Apple eventually executed them better. The Gizmondo, meanwhile, is considered one of the biggest tech busts of all time.

3 of 6

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs