Both companies cut prices for the smallest version of their speakers, the Amazon Echo Dot and Google Home Mini, to as little as $29 from $50 for the US holidays. Even the midlevel Amazon and Google devices were discounted to $79 over the holidays. Amazon declined to comment on Echo devices said but said in a press release it sold millions of its Echo Dot speaker during the holiday season, making it the best-selling product over the period on its online store. Home security startup Blink bought by AmazonAmazon dominates the emerging market for smart speakers outside of China, with Google closest behind. The Echo Dot has about $31 worth of parts, according to analysis by ABI Research.

Source: The Express Tribune January 03, 2018 13:07 UTC