Roomba-maker iRobot Warns of Possible Shutdown Within 12 Months (irobot.com)
- Reference: 0176695073
- News link: https://hardware.slashdot.org/story/25/03/12/1437241/roomba-maker-irobot-warns-of-possible-shutdown-within-12-months
- Source link: https://investor.irobot.com/news-releases/news-release-details/irobot-reports-fourth-quarter-and-full-year-2024-financial
"Given these uncertainties and the implication they may have on the Company's financials, there is substantial doubt about the Company's ability to continue as a going concern for a period of at least 12 months from the date of the issuance of its consolidated 2024 financial statements," the company wrote.
The robot vacuum pioneer has initiated a formal strategic review after a failed Amazon acquisition, the departure of founder Colin Angle, and layoffs affecting over half its workforce. iRobot cited mounting competition from Chinese manufacturers and expects continued losses for "the foreseeable future."
[1] https://investor.irobot.com/news-releases/news-release-details/irobot-reports-fourth-quarter-and-full-year-2024-financial
Meme (Score:3)
There's a photo going around of an iRobot store in a shopping mall with a wall of floor cleaners and a young woman in front of said wall with a dust mop cleaning the floor.
iRobot is paying rent in umpteen shopping malls and can't compete with Chinese vendors putting their money into manufacturing and R&D?
I guess I'd need an MBA to figure this one out.
"90% of innovation happens on the shop floor".
Re: (Score:2)
> young woman in front of said wall with a dust mop cleaning the floor
I love the irony, but it's probably a "keep-em-busy" activity for employees rather than something of any practical value for the store, regardless, you don't want a shopper stepping on or tripping over a Roomba. Broken ankles and smashed hips are kind of bad for business.
Re: (Score:2)
The [1]picture in question [reddit.com]. The really funny thing is that there is a Roomba siting on a chair in front of her.
[1] https://www.reddit.com/media?url=https%3A%2F%2Fpreview.redd.it%2Fan-employee-cleaning-the-floor-of-a-roomba-store-v0-upmwmeko8l1b1.jpg%3Fauto%3Dwebp%26s%3Da1a73d4866f131656cec9e86e5e6d3ecba8b48fd
Re: (Score:2)
If the Chinese vendors requires internet connection then they'll have the ability to map your apartment/store/agency using that device.
So if you care about a third party getting knowledge about how your premises are set up you should probably be a bit concerned - and don't rule out that the device also have microphones to listen in on conversations.
Re: (Score:2)
I think that information is already on sale from Samsung, TCL, LG, Google, Apple etc...
Ok, I'll bite (Score:2)
FTS: "...just one day after launching a new vacuum cleaner line."
How in Hell do they not know their financial health (or lack thereof I suppose) prior to deciding to launch a new product?
Re: (Score:2)
Their job is to make money to hopefully prevent their demise, not cushion the blow to the customers if they do go out of business.
Releasing new products is a way to hopefully make that money.
Re: (Score:2)
Certainly, but it takes money to make money (and new products) no? So are they doing a last-ditch "hail mary" in which case the company seems poorly run (aka HP) or were they really blindsided by this, in which case the inter-company communication is really bad.
Re: (Score:2)
Different departments?
PackBot (Score:2)
Some folks may recall that iRobot also made the [1]PackBot [youtube.com] for military applications (also police bomb disposal, hazmat, etc.). That'll stick around: iRobot spun off that division as Endeavor Robotics in 2016, which in turn got acquired by FLIR (maker of infrared cameras) in 2019, which in turn got acquired by Teledyne in 2021. A coworker of mine is a former iRobot employee, and explained it thus: FLIR was attaching a camera with 2x the value of the rest of the robot, so they just bought the robot supplier.
[1] https://www.youtube.com/results?search_query=packbot
Literally built to get help from Trump ... (Score:2)
Like he "bought" a Tesla (below) to help Elon, will Trump buy a Roomba -- you know, if they suck up to him enough. :-)
[1]President Trump buys a Tesla in support of 'Elon's baby' [sky.com]
(Noting that Elon also just promised Trump $100M *more* for his PACs ...)
[1] https://news.sky.com/story/president-trump-buys-a-tesla-in-support-of-elons-baby-13326813
Maybe if they built a robot that works!!! (Score:1)
I have two Roombas. I bought a 530 many moons ago and it does an ok job. I replaced it with an i7 and I've hated it from day one. It'll run around the floor in a haphazard way then dock. It says it's done, but the floor is still dirty, so I drag out the vacuum and do it myself.
Can not do stairs (Score:2)
Or any of the other places that make vacuuming a pain in the ass. If the floor needs a half-ass sweep, I can do that myself.
I have a 10+ year old roomba. (Score:2)
I have a 10+ year old roomba, dumb as a fencepost.
I don't use it much. My house is little, so a broom, a dustpan, a foxtail, a bucket and a mop takes care of it rather quickly.
The roomba just.. gathers dust in its little corner.
I won't miss iRobot. Shoulda never bought that Roomba either -- it was an ill-thought-out impulse purchase.
Question of today (Score:2)
Will the current robots continue to work after the shutdown or will you just have an expensive brick?
If the robots they have depend on active internet servers then they are on a "No Purchase" list right now.
Re: (Score:2)
They mentioned Chinese competitors. Are Roomba's manufactured in the US? What competitors are they talking about?
Re: (Score:3)
Roborock is a good example. Same price you get a Roomba without lidar, you get Roborock with lidar. So vastly superior navigation.
There are several others. They're generally about as good in terms of product niches, but you can get better price for same quality or better quality for the same price.
Amazon mapping your rooms + roomba data via python (Score:2)
- Amazon is getting maps of your home if you have a robot vacuum cleaner
- Science paper linking to a python library to extract data from an irobot vacuum cleaner
[1]https://www.bloomberg.com/news... [bloomberg.com]
[2]https://www.wired.com/story/am... [wired.com]
Wired - Khari Johnson - Aug 5, 2022 6:01 PM
The iRobot Deal Would Give Amazon Maps Inside Millions of Homes
--
[3]https://www.sciencedirect.com/... [sciencedirect.com]
2024
DFRWS EU 2024 - Selected Papers from the 11th Annual Digital Forensics Research Conference Europe
So fresh, so clean: Cloud forensic analysis
[1] https://www.bloomberg.com/news/articles/2022-08-05/amazon-s-irobot-deal-is-about-roomba-s-data-collection
[2] https://www.wired.com/story/amazon-irobot-roomba-acquisition-data-privacy/
[3] https://www.sciencedirect.com/science/article/pii/S2666281723002056
Re:Question of today (Score:4, Informative)
> Will the current robots continue to work after the shutdown or will you just have an expensive brick?
> If the robots they have depend on active internet servers then they are on a "No Purchase" list right now.
From a quick search, not exactly:
> No, a Roomba does not need Wi-Fi to function; you can operate it with basic cleaning functions like "Clean" and "Dock" without connecting it to your network, but connecting to Wi-Fi allows you to access advanced features like scheduling cleaning times, adjusting suction power, and monitoring cleaning patterns through the iRobot HOME app.
> Key points about Roomba and Wi-Fi:
>
> Basic cleaning without Wi-Fi: You can still use a Roomba to clean your floor by simply pressing the "Clean" button on the robot itself, even if it's not connected to Wi-Fi.
> Benefits of Wi-Fi connection: Connecting to Wi-Fi enables features like scheduling cleaning times, adjusting suction power, checking cleaning maps, and more through the iRobot HOME app.
> Not all Roombas are Wi-Fi enabled: Older Roomba models might not have Wi-Fi capabilities.
Based on this, for me the Roomba just went on the "do not purchase" list, because things like scheduled cleaning are important.
Re: (Score:2)
People buying any device that requires an internet service to operate should not do so unless the company commits to releasing the full server side source code (and authentication certs if applicable) such that a user community can maintain it. At minimum the client side needs to be easily user modifiable.
Re: (Score:2)
People buying any device that requires an internet service to operate should not do so.
FTFY
Re: (Score:2)
So what you are actually saying is people should stop buying devices. Period.
Re: (Score:2)
Most of the current Robots do support a local connection so they would continue to operate without an active server as long as they've been setup already, but I think if you got a new one or had to reconnect it you might run into issues.
I've bought a few robot vacuums over the years but my latest one was one compatible with [1]valetudo [valetudo.cloud] which is a server you can run locally.
[1] https://valetudo.cloud/
Re: (Score:1)
See these project and more to keep using it:
- https://pypi.org/project/pyroombaadapter/
- https://github.com/koalazak/rest980
- https://github.com/koalazak/dorita980