Disappointing Fire Phone sales costs Amazon big

We just got done looking at Microsoft’s latest earnings statement, and while the mobile side of things didn’t reveal any game-changing success stories, we did see some quite solid growth. Not everyone’s faring quite so well, and earlier today Amazon reported a quarterly loss of $437 million. Now some new details about just where it lost money are coming in, and to the surprise of essentially no one, the Fire Phone is a big part of what’s dragging the company’s finances ...

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