Amazon sitting on $83 million of unsold Fire Phones
Amazon’s financial results for the third financial quarter of 2014 didn’t do the company any favors when they were announced late last week; the retail giant posted a quarterly net loss of $437 million, up dramatically from last year’s 3Q loss of $41 million. The biggest single contributor to the bad news? Amazon’s Fire Phone.

October 27, 2014 at 01:06PM
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