Top AMZN Innovations - Amazon Smartphone
Actual launch date: Q2 of 2014 (rumored)
It should come as no surprise that Amazon is also itching to get in the smartphone game, and attempt to compete with big shots like Apple (AAPL), Google (GOOG) and Samsung (SSNLF). Yes, there is apparently an Amazon smartphone in the works. And not just any old gadget, but a 3D phone.
According to AppleInsider, the Amazon smartphone has “3D gesture input and eye tracking input” … which certainly sounds impressive.
But the Amazon smartphone is just another question mark for followers of AMZN stock. That’s because the smartphone market as a whole is undergoing a sea of change, with the days of subsidized gadgets — like the high-end Apple iPhone or Samsung Galaxy S4 — possibly nearing an end. AT&T (T) CEO Randall Stephenson, for example, recently pointed out that it makes little since for telecom providers to continue to subsidize smartphone sales since the market is saturated.
If the end of subsidized phones does indeed come to pass, it could have huge implications for Apple, Samsung and other incumbent players. And it would likely mean introducing a new Amazon smartphone will be even tougher.