Saturday, January 3, 2015

Amazon Stock Dips in 2014, In Part Due to Fire Phone


"Shareholders punished Amazon for its free spending on projects such as the Fire smartphone and other gadgets and a widening network of warehouses close to urban centers. The company has admitted it botched the phone’s rollout, mainly blaming its price for slow sales."
I guess we can finally all agree that the Amazon Fire Phone, even with the heavy TV ad rotation, didn't set the world on "Fire."

[Via WSJ Digits blog...]
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