Google Smart Speaker Sales Plunged in Q3
After losing the No. 2 spot to Chinese rival Baidu in the second quarter, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google just slipped even further in the smart speaker market, according to estimates released this week from market researcher Canalys. Amazon.com held on to its top dog status, thanks to Prime Day promotions combined with a new Echo Upgrade Program that Amazon introduced recently.
The overall market continues to enjoy stellar growth, with total units jumping 45% to 28.6 million in the third quarter. Too bad Google missed out on that upside.
Echo Studio. Image source: Amazon.
Source Fool.com
