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"By 2018, the division was already a money-losing pit. That year, the New York Times reported that it lost roughly $5 billion. This year, an employee familiar w
by Nemo_bis 4y ago
"By 2018, the division was already a money-losing pit. That year, the New York Times reported that it lost roughly $5 billion. This year, an employee familiar with the hardware team said the company is on pace to lose around $10 billion on Alexa and other devices."
Clearly anticompetitive practices. It's about time the Amazon hardware division dramatically increases prices or gets fined out of existence.