Sunday, May 18, 2008

Scooba 5800 Discontinued?

iRobot now lists the Scooba 5800 as Out of Stock on its web site. It appears that iRobot is getting ready to roll out an upgraded low-end Scooba with the newer technology found in the 300 series Scoobas, like the new Scooba 335 from HSN. Also of note, iRobot is still showing a 3-4 week backlog for the popular Roomba 560 Next Generation model. Other Roombas are in stock. Hard to know if this is because of lots of demand or production issues at this point. The level of Roomba demand in this quarter will drive this stock one way or the other. If the company can match its revenue guidance, that's the key, because it will show very strong growth year over year. Profits for the year could be wiped out almost entirely because of the $2.9 million Robotic FX lawsuit. Also, will iRobot be bold and predict its first ever $300 million year in 2008? It's almost within reach...

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