It’s not easy to justify to investors how you can make $20 billion in revenue and still lose money, but that’s the question Amazon CFO Tom Szkutak had to answer repeatedly when defending Amazon’s vision for growth. Amazon’s third-quarter earnings released Thursday (Oct. 23) showed the company reported an operating loss of...
Talk about your fire sale. Amazon on Monday (Sept. 8) slashed the price of its 32-GByte Fire smartphone from to 99 cents—barely two months after launching it at $199. The requirement to have a 2-year AT&T contract remained. The Wall Street Journal said that the...
Amazon has sold only 35,000 of its new Fire phones in the first 20 days after it went on sale in July, according to data crunched by the U.K.’s Guardian newspaper. Amazon doesn’t release sales figures for any of its devices. But using data from...
February 23, 2015
That customers did not fall in love with Amazon’s Fire Phone is well known. While that is bad news for a consumer product, it is still a situation that could, and did, get worse. App developers are bailing on the Fire phone, according to reports in Geek Wire, citing too much investment of time and […]
October 24, 2014
It’s not easy to justify to investors how you can make $20 billion in revenue and still lose money, but that’s the question Amazon CFO Tom Szkutak had to answer repeatedly when defending Amazon’s vision for...
September 09, 2014
Talk about your fire sale. Amazon on Monday (Sept. 8) slashed the price of its 32-GByte Fire smartphone from to 99 cents—barely two months after launching it at $199. The...
August 27, 2014
Amazon has sold only 35,000 of its new Fire phones in the first 20 days after it went on sale in July, according to data crunched by the U.K.’s Guardian...