Video:  Amazon Exec: Fire Phone Was Overpriced

Amazon Exec: Fire Phone Was Overpriced

by Clip Syndicate

A top Amazon executive acknowledges that the company missed the boat with its Fire Phone and that the original price may be to blame. David Limp, Amazon's senior vice president of devices, has acknowledged that the Fire smartphone didn't match Amazon's lofty ideas and says the price of the device was "wrong."

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Video:  Samsung Says Microsoft Deal Invites 'charges Of Collusion': Filing

Samsung Says Microsoft Deal Invites 'charges Of Collusion': Filing

According to a court filing, Samsung said its collaboration with Microsoft on Windows phones raised antitrust problems once Microsoft completed its acquisition of Nokia's handset business. The filing late on Thursday stems from Microsoft's lawsuit accusing Samsung Electronics of breaching a business collaboration agreement. The lawsuit, filed earlier this year in a New York federal court, says South Korean smartphone company Samsung still owes $6.9 million in interest on more than $1 billion in patent royalties it delayed paying. Samsung, meanwhile, said the April Nokia acquisition violated its 2011 deal with Microsoft.



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Video:  Despite A Rough Debut, Amazon Will Keep Developing Fire Phones

Despite A Rough Debut, Amazon Will Keep Developing Fire Phones

The entry of Amazon's Fire Phone was hardly smooth; the company revealed recently it has a stock of unsold devices worth $83 million. Amazon's senior VP of devices, David Limp, told the publication it will launch new updates to the Fire phone's software to make it better and better. He noted that the first version of the Kindle e-reader wasn't received well by critics either, but it later evolved into a successful product.

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Video:  Starbucks Will Offer Delivery Through Its App, And A 'Starbucks For Life' Contest

Starbucks Will Offer Delivery Through Its App, And A 'Starbucks For Life' Contest

Starbucks said Thursday that it will offer a delivery option on its mobile app in select areas of the U.S. starting next year. The company declined to provide more details, but has been pushing to get people to use its app as a way to build customer loyalty. It also previously said it plans to let customers across the country place orders ahead of time on their smartphone by next year, an option intended to get people in and out of stores quicker. In addition, the chain will run a contest in December offering 10 lucky winners Starbucks for Life — although the prize is really just for 30 years .



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Video:  Sony Posts Hefty Loss

Sony Posts Hefty Loss

Sony Corp. reported a hefty net loss of 136.0 billion for the July-September period as it wrote down the 180 billion book value of its struggling smartphone business. The outcome was narrower the 148.06 billion loss forecast by analysts.



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Video:  Sony Writes Off $1.5B From Its Mobile Division As It Cuts Smartphone Sales Target Again

Sony Writes Off $1.5B From Its Mobile Division As It Cuts Smartphone Sales Target Again

Sony replaced the head of its mobile division yesterday, and today its latest earnings report gave a clearer indication of why. Sony’s mobile unitincreased its revenuein the last quarter (its fiscal Q2 2014) by 1.2% to $2.83 billion, but the company wrote down the valuation of the business by a whopping $1.59 billion. Overall, the group reported a loss of $785 million despite notching a 7.2% increase in company-wide revenue, which came in at $17.45 billion.



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