9 years ago
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The Real Story Behind Jeff Bezos's Fire Phone Debacle And What It Means For Amazon's Future
It is a cold day in early December in Midtown Manhattan, and Amazon CEO Jeff Bezos has barely taken his seat on stage when his interviewer throws out that brusque query. It’s the question on the lips of every one of the 400 attendees of this tech conference, but it’s still a jarring moment. Bezos tries to hem and haw his way out of the issue, but his interrogator, Business Insider editor-in-chief Henry Blodget, won’t let up, asking again, "So, Jeff, what happened with the Fire Phone?"
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Sick of crap like that. 7-18% growth? That's freaking awesome numbers. They're growing! But to hear Wall Street, they're "not growing to analysts expectations". Boo-hoo. They're making money hand over fist after decades in the game. Not too bad from where I'm sitting.
As for the Fire Phone? Bleh. It was a complete turd of an idea. I picked up a Fire TV stick here recently (hey, it was on sale) and it's pretty much a turd as well. It's sorta okay if you have a Prime account. If not, then it's basically Amazon asking you constantly for money.
I like Jeff. Good guy. he's done some amazing things over the years. I'm sure there's still a lot of mileage