Amazon just hiked the prices for Echo, Fire TV, and Kindle products by up to 60 percent

The Echo Dot Max went from $99.99 to $119.99 overnight, while its sibling the Echo Dot jumped to $79.99 from $49.99. | Photo by Jennifer Pattison Tuohy / The Verge Citing "significant increases in memory and storage component costs," Amazon has raised prices on Echos, Kindles, Fire TVs , and Eeros by up to 60 percent, as first reported by Fortune . The cheapest products in Amazon's lineup were hit hardest, with the Echo Dot smart speaker jumping from $49.99 to $79.99. The Fire TV Stick 4K Max also rose by over 40 percent to $84.99, and the base level Kindle now costs $149.99, a nearly 37 percent increase. In a statement to The Verge , Kristy Schmidt, senior communications manager of Amazon's Devices & Services divison, said, "The consumer electronics industry is facing significant increases in memory an … Read the full story at The Verge. — Source: The Verge 🔗 https://www.theverge.com/tech/983598/amazon-price-increase-echo-kindle-fire-tv