The 2010s was a decade that has witnessed many innovations in the Tech industry. In the last decade, many Tech giants companies faced multimillion-dollar embarrassment due to the failure of some of their innovations. According to Wired, we will be looking at the most significant tech failures that marked the end of the last decade.
Samsung Galaxy Note 7
I guess that you might be remembering the explosion of Galaxy Note 7 that went viral in the news. Several airports announced and placed posters at the airports saying that you are not allowed to board an airplane with the Samsung Galaxy Note 7. In less than a month, Samsung’s IED was banned from skies and to market at all. Due to the failure of the device, Samsung lost about $17 billion.
Boeing 737 Max
While it was scary and illegal to fly with the Samsung Galaxy Note 7, it was worse flying with the Boeing 737 Max. Boeing 737 has been in the market since 1960. The Boeing 737 max failure was due to the flying control software problem by which Boeing knew beforehand but neglected to correct it. Due to that case, Boeing lost about 10 billion dollars plus lawsuits.
After being frustrated by the rise of Facebook, in 2011, Google reacted with an ambition to create a social networking platform under the name Google+. Thanks to the success of Google’s giant search engine. Google+ was the fourth try in developing Google’s social media project. After the release, Google+ did not get users at all.
Under the Obama presidency and under the Affordable Care Act, Healthcare.gov was a web-based platform where Americans could buy affordable healthcare services. It was launched on October 1, 2013, and after two hours of operation, the site crashed. Only six people were able to complete their healthcare selection on the platform. Healthcare.gov lost about $1.7 billion from its $94 million budget.
Microsoft Windows RT
Microsoft wanted to run its windows on everything by which in 2012, it launched Windows RT as a discontinued mobile operating system. Soon after the release, it faced worst critics. People complained about the slow performance and lack of media player. The RT devices were canceled before they reach stores. Besides that Microsft was charged $900 million before it took the outright of RT.
Amazon Fire Phone
With the ambition to control its customers from intermediaries, Amazon sought to create a smartphone by which it will be able to control the platform, lock its users in and win the game like the Apple’s manual for smartphones. The smartphone was released in 2014, and unfortunately, it failed in every aspect, including a slow device, and an unfinished operating system. Though Amazon didn’t release its sales statistics, the company wrote off $170 million of unsold phones.
Sony PlayStation Vita
In 2011, the gaming industry was evolving and booming. Sony released a gaming handset Vita at $299 and critically, the game selection was insufficient. It was not anyhow cheap. Sony targeted to sell about 10 million units for the first year, but only, it could sell less than half of that before leaving the market.
So, for $700 which was later reduced to $400, you could get a lightly sticky machine on your counter that could squeeze the juice out of a packet. That is a ridiculous concept. How do you need a tool to squeeze juice from the packet? A year after its launch, Juicero closed in 2017, making the investors lose about $120 million.
Before Netflix become a solely online streaming platform, it also spent nearly to decade shipping DVDs to its customers. After observing success in the online streaming service, Netflix increased the price for streaming to $10 and $8 on DVDs a month per each. That was a 60% hike in price. Customers reacted horribly, and after that, stocks fell. Netflix decided to separate the two businesses and apologized to its customers. So under Qwikster, customers would have two separate services and pay different bills. In less than a month, Qwikster crashed and subscribers dropped horribly to about 800,000 subscribers.
Apple iPhone 4
Apple’s iPhone 4 failed due to its embarrassing antenna design problem. The device could not connect to the cellular network if you could hold it wrong. Later, Apple faced a lawsuit case to offer $15 compensation to each iPhone 4 users at the time.
That was our top ten biggest tech failures of the last decade.