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Google Sold 6.75 Million 'Google Home' Devices In the Last 80 Days (techcrunch.com)
An anonymous reader quotes TechCrunch:
Google today announced that it sold "tens of millions of Google devices for the home" over the course of the last year and that it sold "more than one Google Home device every second since Google Home Mini started shipping in October," with roughly 6.75 million seconds since October 19 (the day the Home Mini officially went on sale)... The launch of the Google Home Mini, which you could easily buy for $29 (and occasionally for $19 with store credit) gave the company a low-price competitor to Amazon's Echo Dots, and even though it's doubtful that Google made a lot of money of these sales, the move clearly paid off.
The Verge adds: Google is thought to be losing money on every unit of the Home Mini; Reuters reported on one analysis that pegged the device's parts alone at $26, not including the cost of developing the entire thing, supporting it, advertising it, shipping it, and so on. Of course, Google is in this for the long game -- the Assistant is an attempt to make sure Google remains the way people get information, and Google has plenty of options to make money through ads or the data it collects in the future...
Amazon is also believed to be losing money on the Echo Dot, which was similarly cut to $29 during the holiday season. Amazon never gives out specific sales figures, but it did say that "tens of millions" of its own Alexa-enabled devices were sold over the holidays, with the Echo Dot being one of the top sellers... These super cheap prices are getting people to buy smart speakers and commit to an ecosystem. These companies are clearly happy to spend a few dollars gaining customers in the short term so that they have an enormous audience available to them down the road.
The Verge adds: Google is thought to be losing money on every unit of the Home Mini; Reuters reported on one analysis that pegged the device's parts alone at $26, not including the cost of developing the entire thing, supporting it, advertising it, shipping it, and so on. Of course, Google is in this for the long game -- the Assistant is an attempt to make sure Google remains the way people get information, and Google has plenty of options to make money through ads or the data it collects in the future...
Amazon is also believed to be losing money on the Echo Dot, which was similarly cut to $29 during the holiday season. Amazon never gives out specific sales figures, but it did say that "tens of millions" of its own Alexa-enabled devices were sold over the holidays, with the Echo Dot being one of the top sellers... These super cheap prices are getting people to buy smart speakers and commit to an ecosystem. These companies are clearly happy to spend a few dollars gaining customers in the short term so that they have an enormous audience available to them down the road.
People are now considering folks who don't have a facebook account as being weird. I actually got rejected for a job because I don't have a LinkedIN account (They said they do ALL of their recruiting on LinkedIN and didn't want my resume when I handed it to them.)
And now this.
Google is not a tech company. They are an advertising company - like facebook and Yahoo!. They can make all their money in advertising because they have all this data on us.
The very nature of their business is evil.
Every single company I mentioned and more make their obscene amounts of profits by spying on us. And all of those 10s of millions who got the device are all idiots. So are all those sheeple who bought Alexa.
THe two-way TV are coming .... I love Big Brother.