Google delays Nexus Q indefinitely
The home-theater hardware looked good, but didn't do enough to justify its $300 price tag.
The company has delayed the launch of the $300 Nexus Q, a striking piece of home theater equipment designed to stream music and movies. The Nexus Q won praise for its looks -- it's a simple black orb with a glowing ring of light circling it -- but critics slammed the device's limited function and high price.
The Nexus Q plugs into your home entertainment system and streams music and video to your television and speakers. A fine idea, but there were many problems, starting with the fact that you needed a phone or tablet running the latest version of Android as a remote control. Older versions of Android won't work.
The Nexus Q was widely criticized because it only played content from YouTube and from Google's music and video stores. It won't play music from Pandora (P), videos from Netflix (NFLX), or even music stored on the Android phone that controls it.
"Google seems to be reaching to create a counterpart to Apple's killer AirPlay and Apple TV combo, but the Nexus Q isn't even close yet," wrote a reviewer on CNet.
Other critics were more harsh. "Google must have bigger plans for this thing," writes David Pogue of The New York Times. "It's wildly overbuilt for its incredibly limited functions, and far too expensive."
Google listened to the criticism and decided to cancel the launch to "work on making it even better," the company said. The Nexus Q went on sale last week, according to PCMag.com.
The company had some good news for those who pre-ordered the devices: It will still send them out, but at no charge. They will get the Nexus Q for free.
More from Top Stocks
MORE ON MSN MONEY
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The Fed may start tapering in just a few months. Here are a few of the likely winners and losers.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.