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Is Amazon working on a smartphone?
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elgato



Joined: 24 Feb 2005
Posts: 17240
Location: Texas

Posted: Wed Nov 23, 2011 12:45 pm    Post subject: Is Amazon working on a smartphone?  

E-retailing behemoth Amazon.com Inc. may be dialing up its own smartphone if an analyst report is accurate. Amazon.com may be looking for more ways to sell both digital content and tangible goods as consumers use their smartphones and tablets to make purchases.

A check on Asian suppliers suggests an Amazon smartphone could be ready for the fourth quarter of 2012, says Mark S. Mahaney, a Citigroup analyst, in a new report. Citigroup says Foxconn International Holdings, a Chinese manufacturer, is jointly developing a smartphone with Amazon.com.

“With the clear success of the Kindle e-reader over the past three years, and Kindle Fire possibly succeeding in the low-priced tablet market, we view this as the next logical step for Amazon,” Mahaney writes. “Amazon has set its eyes on the mobile, including tablet, media and product consumption, frontier.” Neither Mahaney nor Amazon responded to Internet Retailer inquiries. The Kindle Fire is Amazon’s first tablet, which went on sale Monday.

http://www.internetretailer.com/2011/11/18/amazon-working-smartphone
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