economy
Amazon just hiked the prices for Echo, Fire TV, and Kindle products by up to 60 percent
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TL;DR
- Amazon raised prices on Echos, Kindles, Fire TVs, and Eeros by up to 60%.
- The company attributes the price hikes to significant increases in memory and storage component costs.
- The Echo Dot saw a price jump from $49.99 to $79.99.
- Competitors like Apple have also recently increased prices on similar devices.
- Ring cameras and the Echo Studio are reportedly unaffected by the price increases.