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Amazon just hiked the prices for Echo, Fire TV, and Kindle products by up to 60 percent

2 min read

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Jennifer Pattison Tuohy.

Amazon blamed the price increases on memory and storage component costs.

Key facts

Summary

If you buy something from a Verge link, Vox Media may earn a commission. Citing “significant increases in memory and storage component costs,” given to Fortune, Amazon has raised prices on Echos, Kindles, Fire TVs, and Eeros by up to 60 percent. The cheapest products in Amazon’s lineup were hit hardest, with the Echo Dot smart speaker jumping from $49.99 to $79.99. Amazon’s flagship Echo Dot Max smart speaker, which launched last year, now costs $119.99, up from $99.99. The only Amazon hardware products apparently not affected are its line of Ring cameras and video doorbells, and the Echo Studio, its higher-end $219.99 smart speaker.

Read full article at The Verge →

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