Amazon Developing Smartphone?

Amazon Developing Smartphone?
According to reports, Amazon is not satisfied with Apple in the tablet computer space, and is currently developing its own smartphone to compete with the company's market-dominating iPhone. According to an analyst at Citigroup, who scanned through Amazon's supply chain, the phone may be available as early as the middle of next year and cost under $200. Several sources say the phone will likely run an Google's Android operating system, though Amazon has so far declined to comment.
Over the past few years, Amazon has continued to venture away from its core business of e-commerce, delving further and further into the tech sector, including hardware development. The company's Kindle e-readers have been popular for several years, and this week Amazon launched its new entry into the tablet market, the Kindle Fire. While offering less funtionality than the industry-leading iPad, the Fire comes at a $200 price tag that makes it available to far more people than the $500 to $830 iPads.
According to sources, Amazon's new phone will cost between $150 and $170 to make, and given Amazon's recent history, the company will likely sell the device for just a few dollars over cost. Consumer reaction to rumors of an impending Amazon phone have been varied, with die-hard Apple junkies saying they wold never buy a phone from Amazon, while others have said that they would be all for a phone sold for less than $200 with no contract.
According to reports, Amazon is not satisfied with Apple in the tablet computer space, and is currently developing its own smartphone to compete with the company's market-dominating iPhone. According to an analyst at Citigroup, who scanned through Amazon's supply chain, the phone may be available as early as the middle of next year and cost under $200. Several sources say the phone will likely run an Google's Android operating system, though Amazon has so far declined to comment.
Over the past few years, Amazon has continued to venture away from its core business of e-commerce, delving further and further into the tech sector, including hardware development. The company's Kindle e-readers have been popular for several years, and this week Amazon launched its new entry into the tablet market, the Kindle Fire. While offering less funtionality than the industry-leading iPad, the Fire comes at a $200 price tag that makes it available to far more people than the $500 to $830 iPads.
According to sources, Amazon's new phone will cost between $150 and $170 to make, and given Amazon's recent history, the company will likely sell the device for just a few dollars over cost. Consumer reaction to rumors of an impending Amazon phone have been varied, with die-hard Apple junkies saying they wold never buy a phone from Amazon, while others have said that they would be all for a phone sold for less than $200 with no contract.
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