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The fire phone was a completely unnecessary waste of resources - I wonder how much that contributed to this dreary news.
by increment_i 12y ago
The fire phone was a completely unnecessary waste of resources - I wonder how much that contributed to this dreary news.
- uptown 12y agoAccording to their CFO, it amounts to a $170m loss, with "$83 million worth of Fire Phone inventory on hand at the end of the last quarter". http://www.geekwire.com/2014/amazon-takes-170m-loss-fire-phone/ http://www.geekwire.com/2014/amazon-takes-170m-loss-fire-pho...
- vishnugupta 12y agoIt'd easily be significantly higher if they managed to quantify the opportunity cost in areas that are doing well (e.g., Kindle reader, AWS, warehouse automation etc.,).