Amazon Smartphone Has Price Issues, Say Analysts

By | June 19, 2014

Scalper1 News

The more expensive options on the Amazon.com Fire Phone are turning off some analysts a day after the e-commerce leader unveiled a long-expected smartphone. Amazon.com (AMZN) stock was down 1.5% in midday trading on the stock market today, trading near 330. JPMorgan analyst Doug Anmuth said in a research report that “the higher-end price points and smaller size of the Amazon Appstore could be limitations” and might deter some potential users. Scalper1 News

Scalper1 News