It’s been an notorious 12 months for software program updates gone flawed. However what’s the worst-case situation for a buggy replace? Sonos could also be looking for the reply as its cell app replace continues to derail its greatest laid plans.
In its most up-to-date earnings name, the corporate introduced that it had no alternative however to delay two product releases on account of ongoing work on the software program entrance. Now, Bloomberg’s Mark Gurman studies that one in all these two merchandise is a set-top field that might compete with the Apple TV and different Roku-like units.
However that’s not all; the corporate’s popularity has been tarnished, and it’s going to be arduous to get better. In line with Bloomberg, Sonos’ new Ace headphones are underperforming, and inventory is down — even after it performed a spherical of layoffs.
The query now could be: has Sonos hit all-time low, or can it spiral down even additional?