Skip to content

October 26, 2014

That can’t be good: Amazon has revealed it has $83 million worth of unsold Amazon Fire Phones

by John_A


unsold Amazon Fire PhonesWhen Amazon announced its long rumoured smartphone, the Fire Phone, it was met with substantial skepticism, primarily because of the operating system it runs on – while technically Android, Fire OS uses its own app store with a heavy emphasis on media, books, movies, music, you name it. It definitely had some intriguing technology built in like the dynamic 3D display, but in a world dominated by Android and iOS with Windows and Blackberry tagging along at a distant third and fourth, the Fire Phone was always going to face an uphill battle. However, from Amazon’s recently released quarterly results, and from the quoted number of unsold Amazon Fire Phones, it seems that battle might actually have been more of a wall.

Amazon has said that in their last quarter, the company has been hit by a $437 million USD loss, $170 million of which was “primarily related to Fire phone inventory valuation and supplier commitment costs”. To add salt to that wound, Amazon said that it has $83 million worth of unsold Amazon Fire Phones, which really hammers home exactly how much Amazon had overestimated its device’s popularity – this might actually have been a situation that OnePlus’ invite system might have saved Amazon a little.


What do you think of Amazon’s losses due to the Fire Phone? Let us know your thoughts in the comments below.

Source: Gamesindustry via Overclockers Club


//<![CDATA[
ord = window.ord || Math.floor(Math.random()*1E16);
document.write('‘);
//]]>


The post That can’t be good: Amazon has revealed it has $83 million worth of unsold Amazon Fire Phones appeared first on AndroidSPIN.

Advertisements
Read more from News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Note: HTML is allowed. Your email address will never be published.

Subscribe to comments

%d bloggers like this: