23-10-2019 23:45 via theverge.com

Trump’s China trade war is killing Roomba sales

Photo by Dan Seifert / The Verge iRobot finds itself in a bind. The Massachusetts-based robotics company that makes the Roomba, among other autonomous cleaning devices, saw its stock plummet by nearly 20 percent today, after reporting third quarter earnings yesterday, as a result of lower sales in August and September. But its sales were only lower because it decided to increase prices in the US, an ill-fated move that’s hurt the company domestically.The culprit? President Trump’s o
Read more »