Sonos, the manufacturer of wireless and voice-recognition speakers, can seem to a casual observer to maintain the prime position to ride the towering smart speaker tendency.
But the Sonos’ initial public offering record revealed a critical flaw in its business model, which subjects it to Amazon’s whims about just what the internet giant decides to do with its Alexa voice-recognition tech.
The post Sonos IPO filing reveals Amazon’s Amazing leverage on speaker maker and Diminishing profitability appeared first on Retailnewsfeed.com.
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