Nah, that's got CIUS written all over it.
It's a giant brick with a tiny screen that cost more than any other similar device and took far longer to release after it was publicly announced than the life cycles of all competing products? Perhaps you meant Umi where four months of service not including the cost of hardware was more than this device?
I have hard time beleiving[sic] they will sell a million units of this, if yes, all power to them...
A quick search shows the previous Amazon Echo devices without a display (which should be the giant hint that this is more than a telepresence device) have already sold nearly 11 million units in the US which at one per household would be nearly 9% of all US households. That doesn't include the devices from competitors and the rate of sales has been increasing rapidly.
Companies with many integrated capabilities like Amazon, Google, Apple and the straggler Microsoft are "changing the way we live, work, play and learn" while Cisco tries to sustain 67% margins on legacy boxes. Dig deeper into these products and you'll see relationships with IoT providers adding more challenges to Cisco.