Logitech (LOGI) -11% in Frankfurt after issuing its third profit warning in six months. LOGI now...

|About: Logitech International ... (LOGI)|By:, SA News Editor

Logitech (LOGI) -11% in Frankfurt after issuing its third profit warning in six months. LOGI now sees 2012 sales of $2.4B (vs. previous $2.5B) and operating income of $143M (vs. $185M). Incoming CEO Guerrino De Luca said this warning "will be the last," and admitted LOGI lacks "enough great products" in its pipeline.