Amazon weighed ‘difficult trade-offs’ as memory costs squeezed its devices business, internal document shows

Source: Business Insider

Panos Panay, head of Amazon's Devices and Services teamCHARLY TRIBALLEAU/AFP via Getty ImagesAmazon launched a series of new devices this month, including Alexa tablets and Bee AI wearables. Rising memory costs forced "difficult trade-offs" on Amazon's device prices, sales, and profit. Amazon is seeking more Alexa revenue from enterprise sales, licensing, and ads.