Amazon Fire Phone

As if there needed to be more proof that Amazon's foray into the smartphone hardware has been a complete disaster, the company has now slashed the price of the device to almost as low as it can go.

The Amazon Fire Phone was and remains a disaster for Amazon, and the company finally confirmed it by taking a $170 million loss in the last quarter.

Amazon's Fire Phone has been an unmitigated disaster since its high profile launch in June, and now the e-commerce giant seems to be confirming that fact.