As Amazon floods the market with Alexa devices, the business model is getting fresh scrutiny

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Amazon has the luxury of low margins as it rolls out an assortment of Alexa devices with no clear path to profit.

Assistant in answering commerce-related queries, and underperforming Apple's Siri in overall performance.

Schachter didn't provide an estimate for how big the skills business could eventually become, but he noted that the traditional app market exceeds $100 billion globally.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They don't understand how it could be financially profitable?! I got a free echo a few years ago. That avalanched into me spending THOUSANDS on smart home tech (bought on Amazon) Like with any software ecosystem, it's about 'stickyness' Charging for skills is a terrible idea

Amazon is bad for people's health. The whole idea behind it is to keep people from moving their body when they have a chance to.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines