Is Amazon Working On A Cheap Smartphone?

Is Amazon Working On A Cheap Smartphone?

Analysts at Citibank report that, based on their “supply chain channel” research, they believe Amazon is following up on its low-priced Kindles with a smartphone, which could be released next year. They speculate that Amazon could sell the phone at a loss, and presumably make up the difference by selling e-books, music and other digital media to mobile customers. [More]