wired.com/2014/10/amazon-insists-losing-much-money-phone-video-service

Amazon has a lot of space in its warehouses, and that's a good thing, because apparently it has a lot of phones just sitting around---specifically, Amazon's own <a href="Fire">http://www.wired.com/2014/06/amazon-fire-phone/">Fire Phone</a>. Sales of the less-than-acclaimed phone were so weak that Amazon took a $170 million loss on them last quarter, according to the company's latest earnings report. By the end of the quarter, Amazon CFO Tom Szkutak told Wall Street analysts on Thursday, Amazon still had $83 million worth of Fire Phones in inventory.


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