Despite some pretty impressive new products including its first headphones, Sonos had a rough 2024, no thanks to a revamped mobile app released in May. The company's CEO has now tendered his resignation which is effective immediately.https://www.notebookcheck.net/Sonos-CEO-resigns-following-rough-2024-company-appoints-interim-CEO.946359.0.html
"Despite some pretty impressive new products including its first headphones, Sonos had a rough 2024"
Yeah, what does many CEOs claim again.. oh yeah - "we can charge any price what we would like on our products to appease our investors!"
Uh-huh!
Until they finally realize, in the worst way possible, that they could also out-price their products that could lead them to devastating numbers.
Nah, Sonos failures are not just due to their app, Sonos failed to realize that selling products in pieces, rather than in FULL packages/bundles... could KILL your brand. e.g. Sonos ill itemized soundbar products, ect.
They did some pretty vile stuff with patents too. I hope they crash and burn.