Remember the Amazon Fire Phone? Did anyone besides me own one?

I anxiously awaited my new phone's arrival in July of 2014, excited to be an early adopter of this cool innovation. But my excitement quickly turned to frustration once the phone arrived. Why?

|
  • It didn't have many of my favorite apps — including Starbucks and Uber (what!?)
  • Importing my music was annoyingly difficult

Six months later, it went back in the box and I went back to owning an iPhone.

The Fire Phone is regarded as one of Amazon's biggest misfires, and they swallowed a $170 million loss as a result of its failure. As a reference point, that's equivalent to the production budget of "Beauty and The Beast," which included Emma Watson, a talking candle stick and lots of other fun stuff!

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.