Amazon Fire Phone Flops
October 23, 2014 at 17:50 PM EDT
Given that Amazon was tanking the price of the Fire Phone down to 99 cents two months after launch (leading to many a “Fire sale!” joke), this probably won’t come as much of a surprise: the Fire Phone isn’t a success. On the Amazon earnings call today, Amazon noted that the company was taking a $170 million dollar writedown “primarily related” to… Read More
