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/ Amazon and Google sell millions of smart speakers thanks to aggressive pricing
Amazon and Google sell millions of smart speakers thanks to aggressive pricing
Amazon's Echo Dot smart speaker was the best-selling product on the site over the holidays - and how could it not be when Amazon dropped the price to just $30 (from $50). It sold millions of units. Similarly, Google dropped the equivalent Home Mini speaker to $30 and gave away some to Pixel 2 buyers. Both companies lost money on this - analysts at ABI Research estimate the Echo Dot costs $31 in parts alone, the Home Mini is $26. Add in shipping and other expenses and it's clear that Amazon and Google lost a few bucks on each sale. But these speakers are merely tools to bolster the...
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