Bloomberg reports about a rumor that Amazon plans to enter the smartphone market.
Amazon offers a tablet and ebook reader. According to Bloomberg Amazon is developing a smartphone to compete with the Apple iPhone. Bloomberg cites as source two people with knowledge of the matter.
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Amazon is supposed to work with Foxconn on the new aPhone and also is prepared to acquire patents to protect itself from patent claims.
I am not sure if it makes sense for Amazon to offer a smartphone. It only would work if Amazon bundles service with the phone. This would mean Amazon would offer a branded wireless service they buy from some other carrier.