Remember these dumbest moments? Here are some of the highlights of stupidity in 2003.
Winner, Dumbest Moment, Product Development
Winner, Dumbest Moment, Product Development
Microsoft: In the crapper?
Part 1

The PC in the WC.

On April 30, Microsoft U.K. issues a press release touting a new product called the iLoo, an Internet-enabled toilet equipped with a Wi-Fi broadband connection, a plasma flat screen, a waterproof keyboard, and sponsored toilet paper festooned with Web addresses. According to the release, the iLoo will "allow instant logging on."

Part 2

Johnny on the spot.

Twelve days later, after much snickering in morning newspapers and on late-night talk shows, Microsoft flacks back in Redmond come up with a clever strategy for damage control. The iLoo, says spokeswoman Kathy Gill, was merely an "April Fool-like joke."

Part 3

Something doesn't smell right.

The next day, realizing that nobody's buying the April-Fool's-joke-29-days-after-April-Fool's-Day explanation, Microsoft calls back reporters and admits that it had told an iLulu: The project was indeed real but has subsequently been killed. "We jumped the gun basically yesterday in confirming that it was a hoax," says MSN group product manager Lisa Gurry. "In fact, it was not."

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.