In my 2006 Predictions, I suggested that Gizmondo, the inept wannabe entrant into the handheld gaming market, must die.
Sure enough, less than 20 days later, Gizmondo Europe have filed for bankruptcy. I don’t doubt that a similar fate awaits the US arm in due course.
Gizmondo must be a classic case study of inept management, not to mention inept investment. As with all these things though, it’ll be the employees and smaller suppliers who will pay the heaviest price.
This is a prediction that I get no satisfaction from getting right. But there’s a few others in the 20 we gave you that will please me when they happen.