Launch date: March, 2005

Fatal flaw(s): Expensive, limited distribution

Billed as the most powerful handheld gaming console ever made, the Gizmondo only managed to sell 25,000 units. After its founder and CEO, Carl Freer, became infamous for crashing his Ferrari Enzo and getting locked up, the company managed to push out only eight games before going bankrupted! Satoru Iwata didn't even break a sweat.