Amazon and Google lost money on smart speakers while Apple just plain lost
There are few greater sights for consumers with weary wallets than seeing tech giants duke it out for our affection. When companies compete consumers win. And last year, shoppers got a lot of love when both Google and Amazon slashed prices in an effort which served to undercut Apple. Over the holiday season, Amazon’s best selling item was the heavily-discounted Echo Dot. The savings were so good, in fact, that experts think the company sold the product for less than it costs to make it. Google did the same thing with its Home Mini speakers. Amazon and Google may not always…
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