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Nest, 'iPod of thermostats,' sells out

November 10, 2011 |  3:00 pm

Nest

A thermostat designed in Silicon Valley has become a "must-have" gadget.

The Nest, the "iPod of thermostats," sold out through early 2012 in 72 hours, according to Tony Fadell, the man behind Apple's iPod. Nest Labs is making more thermostats to meet consumer demand.

This is a thermostat that looks cool and helps save energy. It retails for $250. And now it's popular with young families and grandmothers alike, Fadell said.

"People have been suffering in silence for years with these devices," Fadell told New York Times' John Markoff in an onstage interview at the GigaOm Roadmap conference Thursday. "We touched a nerve and people are really responding."

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-- Jessica Guynn

Photo: The $250 Nest thermostat programs itself based on the temperatures that homeowners set and automatically turns down the heating or cooling systems when they are away. Photo credit: Nest Labs

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