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Is Amazon Working on a Low-Cost Portable Version of Echo?

Per the Wall Street Journal, Amazon.com Inc.AMZN is planning to launch a portable version of its Internet-connected, voice-controlled Echo Bluetooth speaker.

Codenamed "Fox", this version of Echo will "fit comfortably in the palm of a user's hand, like a beer can" according to the report. It will cost lower than the $180 price tag of the normal-sized Echo.

Going by the reports, the portable Echo can be recharged using a docking station. However, the voice commands will be restricted to "push-button". This means that the user will have to press a button on the device to enable voice commands. This feature has been included to enhance battery life.

Echo Everywhere

Released in 2014, Echo has made a name for itself. From Oprah's Favorite Things List to Mashable's pick for best tech product of 2015 - it has won hearts everywhere.

Initially though Echo had limited features, it has now gone on to become a hub for the smart home.

Since its launch, Amazon has allowed developers to integrate Echo's voice assistant, Alexa with many devices and services.

Amazon currently holds a Zacks Rank #1 (Strong Buy).

Investors may consider stocks like Mercadolibre, Inc. MELI , Groupon, Inc. GRPN and Alphabet Inc. GOOGL . While Mercadolibre sports a Zacks Rank #1 (Strong Buy), Groupon and Alphabet carry a Zacks Rank #2.

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AMAZON.COM INC (AMZN): Free Stock Analysis Report

MERCADOLIBRE IN (MELI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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