The Verge·2 min read·medium
Amazon just hiked the prices for Echo, Fire TV, and Kindle products by up to 60 percent
J
Jennifer Pattison Tuohy
✦AI Summary
Amazon has increased prices on several hardware products, including Echo speakers, Fire TVs, and Kindles, by up to 60 percent. The company attributes these hikes to rising costs for memory and storage components.
Why it matters
This significant price adjustment reflects broader inflationary pressures and supply chain cost increases affecting consumer electronics manufacturers.
Citing “significant increases in memory and storage component costs,” in a statement given to Fortune, Amazon has raised prices on Echos, Kindles, Fire TVs, and Eeros by up to 60 percent.
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