Amazon's Phone Makes Sense For Amazon, Maybe Not For Consumers - Presented by: The Aol. On Network

Seven years after Apple's original iPhone went on sale, Amazon finally dipped its feet into the smartphone market. Amazon unveiled the Fire Phone on Wednesday, a device that is rumored to have been in development since 2009. But while the phone's new features may be central to Amazon's goals, it may not be such a big selling point to consumers. Wall Street's reaction to the announcement was positive. The stock surged by as much as 3% in late trading Wednesday before ending the day up 2.7%.



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Company Last Sale Change Net / %
BAC $ 18 0.12 ▲ 0.67%
TWTR $ 32.97 3.57 ▼ 9.77%
CFG $ 26.21 0.04 ▲ 0.15%
GILD $ 118.795 5.73 ▲ 5.06%
YELP $ 24.247 9.26 ▼ 27.64%
T $ 34.695 0.37 ▲ 1.06%
F $ 14.861 0.18 ▲ 1.23%
FB $ 96.0001 0.71 ▲ 0.75%

As of 7/29/2015, 09:36 AM

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