Sonos CEO says Amazon, Google aren’t ‘doing anything interesting’ in audio
by Chris Welch from The Verge - All Posts on (#68NZ3)
The Verge
During Sonos' Q1 2023 earnings call, CEO Patrick Spence expressed the usual optimism about his company's financial performance, sales momentum, and upcoming product roadmap. This man really loves the word flywheel," folks. But he also took clear jabs at Big Tech competitors, including Amazon, Google, and Apple, for barely putting up a fight in recent months.
With Amazon rumored to be taking a hard look at its ambitions surrounding Alexa and Echo products and Google largely focused on all things Pixel, Spence said that Sonos faced no serious competition during the crucial holiday quarter. We've gone through fiscal Q1, which is the height of the consumer electronics and audio season and, you know, it was... we've seen some of the...