Whilst not quite on the same level as the OGC bow-legged onanist debacle or the 2012 Olympics logo, I came across a logo that I completely misinterpreted.

This was on a Philips ultrasound sensor elastic strap in the maternity ward during the delivery of our latest offspring. Apologies for the photo quality, as I only had a phone with a terrible quality VGA camera on it, but you get the idea. Why would Philips put a logo of a forlorn-looking lamb on their equipment?

It was only later, when I saw the strap in a different orientation, that the penny dropped:

What a happy chappie.