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

    January 3, 2015 /

    “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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