20. Gizmondo (2005-2006)

Gizmondo was a portable gaming device that had built-in GPS. It was released in the U.S. in 2005 but didn't sell well, and the company went bankrupt in 2006. Millions were spent developing and marketing Gizmondo, and one of its executives, Stefan Eriksson, who famously wrecked his red Ferrari Enzo, was sentenced to prison for three years in California (he was released in January 2008) and is now back in jail in his native Sweden.