How Alexa, Echo, and other devices became a drag on Amazon’s revenue

Sure, R&D is expensive, but the issues run deeper. When Amazon CEO Andy Jassy announced earlier this week that Amazon would be conducting layoffs, he called out one team in particular: devices and books, which is responsible for products including Alexa, Kindle readers, Echo smart speakers, Fire tablets, Ring doorbells, and a household robot known as Astro.Read Full Story Continue reading at 'Fast Company'

[ Fast Company | 2022-11-26 05:00:00 UTC ]
News tagged with: #kindle readers #fire tablets #kindle

Other news stories related to: "How Alexa, Echo, and other devices became a drag on Amazon’s revenue"

Amazon reports record profit with first quarter sales up 17%

Amazon has recorded a record profit of $3.6billion, with its first quarter sales up 17% to $59.7billion. Continue reading at The Bookseller

[ The Bookseller | 2019-04-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #quarter sales

Operating Income Soars at Amazon

The e-tailer's operating income jumped in the first quarter of 2019, rising to $4.4 billion, from $1.9 billion, in the first period of 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-26 00:00:00 UTC ]
More news stories like this |

Amazon Crossing Rolls Out Its 2019 World Book Day Translation Offer

In this year's promotion for World Book Day, Amazon Crossing is giving away titles from Spanish, Dutch, German, Hebrew, Swedish, Japanese, and Norwegian. The post Amazon Crossing Rolls Out Its 2019 World Book Day Translation Offer appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-04-20 00:00:00 UTC ]
More news stories like this |

Hunchback of Notre-Dame sees Amazon France sales spike

Victor Hugo’s classic novel The Hunchback of Notre-Dame has jumped to the top of Amazon France’s bestseller list following the cathedral’s devastating fire. Continue reading at The Bookseller

[ The Bookseller | 2019-04-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #devastating fire #bestseller list #amazon france #victor hugo

Amazon Kindle Review (2019): A Cheaper Way to Read at Night

Amazon’s new entry-level Kindle ebook reader is just like the 2018 Kindle Paperwhite, but $40 cheaper. Continue reading at Wired

[ Wired | 2019-04-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #$40 cheaper

HarperCollins UK hits record profit after Lord of the Rings Amazon TV deal

HarperCollins Publishers saw record profits before tax of £26.8m for the year ending 30th June 2018, almost double the 2017 figure, partly due to a monster The Lord of the Rings TV deal with Amazon. Continue reading at The Bookseller

[ The Bookseller | 2019-04-05 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #partly due #record profits #harpercollins publishers

HarperCollins UK profits double due to Tolkien TV deal with Amazon

Boost from rights sale for multi-series adaptation, as eBooks continue to declineThe publisher HarperCollins UK has more than doubled its profits thanks to a hugely lucrative deal with Amazon for the rights to make multiple TV series based on The Lord of the Rings for its global streaming... Continue reading at The Guardian

[ The Guardian | 2019-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #book publisher #ebooks continue

Hundreds of millions of Facebook user records exposed on Amazon cloud servers

Facebook Inc. user data is still showing up in places it shouldn’t. Researchers at UpGuard, a cybersecurity firm, found troves of user information hiding in plain sight, inadvertently posted publicly on Amazon.com Inc.’s cloud computing servers. The discovery shows that a year after the... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-03 20:45:00 UTC ]
More news stories like this | All news stories tagged with: #plain sight #user data

Seeking More Consumer Revenue, Publishers Are Investing Heavily in E-Learning

Until a few years ago, online education of any sort was most often associated with digital degree mills and dubious promises of graduating college from the comfort of your own bedroom and pajamas. A new generation of students, however, has been exposed to digital learning throughout their... Continue reading at Folio Magazine

[ Folio Magazine | 2019-03-29 00:00:00 UTC ]
More news stories like this |

Report: Spanish-Language Subscription Digital Sales Gain in Revenues

As ebook sales continue to grow in Spanish-language markets, the new report from the Dosdoce and Bookwire.es shows digital subscription services are also gaining consumer traction. The post Report: Spanish-Language Subscription Digital Sales Gain in Revenues appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-03-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #spanish-language markets #post report

Scholastic sees third-quarter revenue boost of 4%

Scholastic has reported a revenue rise of 4% year-on-year in its third quarter for the three months to 28th February, increasing from $344.7m (£261.3) to $360.1m (£273m) thanks to its children’s publishing division. Continue reading at The Bookseller

[ The Bookseller | 2019-03-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #publishing division #28th february #4% year-on-year #revenue rise

Amazon introduces its latest Kindle, the first version under $100 with a front light

Amazon unveiled the latest model of its popular Kindle e-reader Wednesday, the first version of the device with a front light that costs less than $100. The new Kindle, priced at $89.99, is one-third of an inch thick and weighs 6 ounces, making it easy to use with one hand, Amazon said. But the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #latest model #amazon unveiled #latest kindle

Scholastic Q3 Revenue Boosted by Trade Group

Revenue rose 4% at Scholastic in the third quarter of fiscal 2019 over the comparable period a year ago, but higher costs caused the publisher to say its earnings for the full year will come in at the lower end of its forecast. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #full year #trade group

Egmont reports 'record' revenue and profit growth

Scandinavian media company Egmont, which owns children’s book specialist Egmont Publishing, has reported “record” revenue and profit growth for 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-03-16 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #profit growth

Amazon’s Kindle Storyteller Award returns for third year

Amazon’s Kindle Storyteller Award, recognising outstanding work by independent authors with a £20,000 cash prize, will return for its third year. Continue reading at The Bookseller

[ The Bookseller | 2019-03-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #independent authors

Digiday Research: GDPR has not reduced programmatic ad revenues for European publishers

Seventy-eight percent of 103 European publishers surveyed by Digiday said their programmatic inventory prices remain unchanged since GDPR. The post Digiday Research: GDPR has not reduced programmatic ad revenues for European publishers appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-03-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #european publishers #digiday research

Amazon doubles up for Lake Union imprint

Amazon Publishing imprint Lake Union editor Sammia Hamer has struck two two-book deals. Continue reading at The Bookseller

[ The Bookseller | 2019-03-12 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #two-book deals

The dark lesson of a $24 million Amazon book

This is what happens when algorithms call the shots. I can still recall my surprise when a book by evolutionary biologist Peter Lawrence entitled The Making of a Fly came to be priced on Amazon at $23,698,655.93 (plus $3.99 shipping). While my colleagues around the world must have become rather... Continue reading at Fast Company

[ Fast Company | 2019-03-12 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #sales staff #steep price #academic book

Ambitious breakup of Amazon, Facebook and Google is proposed by Elizabeth Warren

Sen. Elizabeth Warren (D-Mass.) pledged Friday to take aim at Amazon, Facebook and Google if she is elected president in 2020, breaking apart each of the big tech companies and introducing sweeping new regulation of Silicon Valley. The proposal marks the most ambitious and aggressive effort... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-03-08 20:40:00 UTC ]
More news stories like this | All news stories tagged with: #proposal marks #silicon valley #introducing sweeping #elected president #pledged friday #elizabeth warren #ambitious breakup