Amazon and Google discounted their smart speakers so deeply in the holiday sales that they likely lost money on each unit, say analysts. Amazon discounted its Echo Dot to $29.99 in the run-up to the holidays, with the Google Home Mini also seen for the same price in various sales.
The two companies’ willingness to lose money on the hardware reveals their very different strategy to Apple with its upcoming HomePod speaker …
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Author: Ben Lovejoy
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