Overcomplicated design hurts product value
Overcomplicated design can often obscure the true value of an object (or the lack of value, as seen with the Juicero). This kind of needless complexity leads to frustrated users and devalues a product.
That's why the principle "less is more" remains popular for Industrial Design. Or as Dieter Rams phrased it, "One of the most significant design principles is to omit the unimportant in order to emphasize the important."
By focusing on simplicity and functionality, designs can not only look better, but are inherently more valuable.