Amazon’s unsold Fire Phones are costing it $170 million

[HCK]

Amazon’s unsold Fire Phones are costing it $170 million

During its earnings call yesterday Amazon gave some clues about just how spectacularly its Fire Phone business is tanking — making it seem one of the worst tech ideas since the RMS Titanic shipped without lifeboats. How bad are we talking?<span class="ellipsis">…</span><div class="read-more">Read more ›</div><!-- end of .read-more --><img width='1' height='1' src='http://cultofmac.com.feedsportal.com/c/33797/f/606249/s/3fc95594/sc/5/mf.gif' border='0'/><br clear='all'/>

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Source: Amazon’s unsold Fire Phones are costing it $170 million