Dana Mattioli / Wall Street Journal:
Sources: Amazon lost $25B+ on its devices business between 2017 and 2021 as its plan to sell hardware at a lower price and make money elsewhere hasn't worked — Amazon.com's Echo speakers are the type of business success companies don't want: a widely purchased product that is also a giant money loser.
Dana Mattioli / Wall Street Journal:
Sources: Amazon lost $25B+ on its devices business between 2017 and 2021 as its plan to sell hardware at a lower price and make money elsewhere hasn't worked — Amazon.com's Echo speakers are the type of business success companies don't want: a widely purchased product that is also a giant money loser.
Source: TechMeme
Source Link: http://www.techmeme.com/240722/p24#a240722p24