this post was submitted on 24 Jul 2024
3 points (71.4% liked)
Hardware
6797 readers
21 users here now
All things related to technology hardware, with a focus on computing hardware.
Some other hardware communities across Lemmy:
- Augmented Reality
- Gaming Laptops
- Laptops
- Linux Hardware
- Linux Phones
- Monitors
- Raspberry Pi
- Retro Computing
- Virtual Reality
Rules (Click to Expand):
-
Follow the Lemmy.world Rules - https://mastodon.world/about
-
Be kind. No bullying, harassment, racism, sexism etc. against other users.
-
No Spam, illegal content, or NSFW content.
-
Please stay on topic, adjacent topics (e.g. software) are fine if they are strongly relevant to technology hardware. Another example would be business news for hardware-focused companies.
-
Please try and post original sources when possible (as opposed to summaries).
-
If posting an archived version of the article, please include a URL link to the original article in the body of the post.
Icon by "icon lauk" under CC BY 3.0
founded 2 years ago
MODERATORS
It’s a glorified light switch for us. Its ability to understand us has gotten worse and worse and they are inches from being tossed in the parts bin.
As a result, Amazon has lost tens of billions of dollars on its devices business, which includes Echos and other products such as Kindles, Fire TV Sticks and video doorbells, according to internal documents and people familiar with the business.
Between 2017 and 2021, Amazon had more than $25 billion in losses from its devices business, according to the documents. The losses for the years before and after that period couldn’t be determined.
Not as bad as total losses for VR/metaverse at Facebook, but still a tidy sum.
25 billion in 5 years is 5 billion a year. They make around 30 billion a year. Q1/2024 turnover was 143 billion.
I am pretty sure Jeff doesn't really care. He likely sees it as investment anyways.
Double digit percentage point impact on profits is no joke in the corporate world.
