Alexa Is in Millions of Households—and Amazon Is Losing Billions

Amazon bleeding billions of dollars from money-losing Alexa speakers: report

Amazon’s Echo smart speakers – home to the virtual personal assistant Alexa – have caused the company to bleed money, despite strong sales and a global product presence.

Alexa is losing Amazon billions of dollars

Amazon’s plan to make money through its Alexa-enabled devices has reportedly not paid off — and is actually losing the company billions of dollars.Read more...

Alexa Is in Millions of Households—and Amazon Is Losing Billions

Alexa Is in Millions of Households - and Amazon Is Losing Billions

Amazon's strategy to set prices low for Echo speakers and other smart devices, expecting them to generate income elsewhere in the tech giant, hasn't paid off [paywalled]. From a report: Amazon's Echo speakers are the type of business success companies don't want: a widely purchased product that is a...