Sunday, 24 June 2018

Amazon takes $170m charge on Fire phones

By Nick Wood, Total Telecom
Friday 24 October 14

U.S. e-commerce giant's third quarter net loss widens to $437 million.

Amazon's third quarter financial results this week confirmed what many in the industry already suspected: the Fire phone has flopped. In its investor call on Thursday, the U.S. e-commerce giant's finance chief Tom Szkutak revealed that the company took a $170 million impairment charge…

Amazon's third quarter financial results this week confirmed what many in the industry already suspected: the Fire phone has flopped. In its investor call on Thursday, the U.S. e-commerce giant's finance chief Tom Szkutak revealed that the company took a $170 million impairment charge…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry