Given that we have seen Bell steadily lower slash the price on the Palm Pre, it seems safe to believe that it must not be selling all that well. Of course, the sales of the Palm Pre with Bell began back in early August at a normal price of $199.95 CAN, but beginning in early more »

Logitech is the latest company to announce that it’s financially flailing due to the downturned economy. On Monday, the popular tech retailer announced that they need to cut as many as 600 jobs in order to keep afloat during the potentially challenging months ahead.

Logitech announced its third quarterly net profits dropped an astounding 70 percent to $40 million or 22 cents a share. Compared to the prior year, Logitech’s gross margin fell to 29.9 percent in the quarter. The company contributes poor sales, a weak dollar and steep price cuts to their lost of revenue.