Google, Amazon Losing Money Over Discounted Smart Speakers

X

After Google and Amazon discounted their prices for their respective smart speakers analysts have said both companies would have lost a couple of dollars per unit.

Reuters reports analysts at ABI Research says the Echo Dot has US$31 worth of parts and it was selling for US$30, the discounted price. The Google Home Mini has US$26 worth of components with it priced at $29 at a discount.

Prices for the Google Home dropped in Australia mid-December from $199 to $128. Rumours have been circulating Amazon Alexa will be launching in Australia this year.

Reuters spoke to Adam Wright, senior research analyst at IDC saying he estimates 35 million smart speakers have been installed worldwide, a figure updated two weeks ago which does not include Christmas sales.

Analysts have also pointed out this is a completely different strategy to Apple and its awaited HomePod which could be retailed around US$379.

Leaderboard 728x90 Google, Amazon Losing Money Over Discounted Smart Speakers
SPORT TW Banner Conversion EN 728x90 1x Google, Amazon Losing Money Over Discounted Smart Speakers
LB 728x90px Google, Amazon Losing Money Over Discounted Smart Speakers
728x90 Google, Amazon Losing Money Over Discounted Smart Speakers
BEL2221 4Square Magsafe 728x90 Google, Amazon Losing Money Over Discounted Smart Speakers
4Square clarity ad 1 Google, Amazon Losing Money Over Discounted Smart Speakers
728x90 Tour Google, Amazon Losing Money Over Discounted Smart Speakers
2 1 Google, Amazon Losing Money Over Discounted Smart Speakers
LG016 Corporate 4square Media LG ToneFree FP9 LB 728x90 Google, Amazon Losing Money Over Discounted Smart Speakers
cs2203g0026 009 624347 au cs co re fy23q2w5 sit in7420 2in1 728x90 R2 Google, Amazon Losing Money Over Discounted Smart Speakers

YOU MAY ALSO LIKE