I have been predicting that Amazon would launch a smartphone in 2013 for some time. And now we have more evidence that this is going to happen. See my September post "Is the Amazon Phone a Boon or Threat for Google and Android?" for when I first broached this.
The reason asking about Google and Android was the most pertinent question was because it is clear that Amazon is a threat for iOS and the iPhone. They sell at cost. And that puts downward pressure on prices, which should be particularly worrisome to Apple since it is the most profitable manufacturer with the highest average selling price.
But Amazon uses a heavily-customised fork of the Android operating system, which makes Apps purchased on other Android phones also usable on Amazon's hardware. That's great for Amazon because it gi...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.