As promised in their latest horrific earnings report, Logitech has lowered the Revue GoogleTV box to just $99.  That’s $200 less than it was yesterday, though sales had it near $150 in the past.  Best Buy has dropped the price as well.  Other retailers have yet to drop their prices, though that is expected to change soon.

Sony is also deeply discounting their GoogleTVs as well, though they haven’t made a formal announcement on the matter.

Google is expected to roll out a Honeycomb update for the Logitech/Sony GoogleTV by the end of summer which will give the device the ability to run apps on the big screen, a simplified interface as well as numerous other optimizations and improvements.  Via 9to5toys.com

Press release follows:

Since you recently wrote about the Logitech Revue, I wanted to let you know that the device will be available for $99, starting on Sunday, July 31.

Also stay tuned for the expected release of Version 2 of Google TV later this summer.

When Google TV version 2 goes live, all new and existing Logitech Revue users will automatically receive the update, built on Android 3.1. Among other benefits, V2 will offer a simplified user experience and access to the Android Market.

Additional Clarification from Logitech When Logitech’s Q1 financial results were reported last week, we stated that returns for Logitech Revue were greater than sales. Some people thought this meant that there were more consumers returning their Logitech Revue products in Q1 than were purchasing the product. This is simply not the case. Remember that Logitech sells mostly to distributors and retailers, not consumers. Since we introduced Logitech Revue in October 2010, consumer returns for the product have averaged at levels comparable to other Logitech products.

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