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 $ 15.58 0.76 ▼ 4.65%
AAPL $ 107.72 5.04 ▼ 4.47%
QQQ $ 101.05 3.26 ▼ 3.13%
GE $ 23.88 0.94 ▼ 3.79%
SUNE $ 10.76 0.36 ▲ 3.46%
F $ 13.72 0.15 ▼ 1.08%
MSFT $ 41.82 1.70 ▼ 3.91%
XIV $ 22.01 3.63 ▼ 14.16%

As of 9/1/2015, 04:15 PM

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