Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Amazon CEO Jeff Bezos explains why the Fire Phone disaster was actually a good thing

Eugene KimMay 19, 2016, 04:26 IST

Amazon CEO Jeff BezosBrent Lewis

Amazon's first smartphone, Fire Phone, was a major flop that cost the company hundreds of millions of dollars.

But according to Amazon CEO Jeff Bezos, the Fire Phone is a "tiny little blip" compared to some of the larger experiments his company is working on now.

NOW WATCH: There's a Keurig-inspired machine that makes individual tortillas

Please enable Javascript to watch this video