2. Gizmondo
Tiger Telematics€™ Gizmondo had plenty of potential to be the next big thing back in 2005, but by 2006 it had already been discontinued. The Gizmondo was pitched as an all-purpose entertainment system, working as a portable games console, an MP3 player, video player, Hell, even a freaking GPS! The gaudy advertising proudly asserted that they would ruin every other handheld on the market, words that Tiger eventually came to eat when their celebrated platform was an abject commercial failure. If the lack of good games wasn't enough to kill it, the lack of consumer support sure was; even getting your hands on a console was an effort in of itself. Most hilariously, Tiger offered a cut-price "Smart Adds" edition of the Gizmondo which would subsidise the development costs of the console by displaying adverts to players, but this feature was never implemented, so those who bought the Smart Adds edition essentially got a bargain-price console while those who shelled out more got ripped off. Oh, and then there's Tiger Telematics' links to organised crime...