Amazon Starts Selling Every Smartphone For One Penny Until Monday
Amazon.com, Inc. (NASDAQ:AMZN) CEO and founder Jeff Bezos has become extremely aggressive when it comes to selling smartphones this holiday season. Amazon.com has started selling every non-iPhone smartphone for $0.01. The smartphones cost $0.01 with a 2 year contract. The smartphones that are on sale include the Motorola Droid Razr, the Samsung Galaxy S II, the Epic 4G Touch, the HTC ThunderBolt 4G, the Samsung DROID CHARGE 4G, the BlackBerry Torch 4G, etc.
Bezos was also aggressive in the development of the Amazon.com Kindle Fire tablet. The Kindle Fire currently sells for $199, which is $300 less than the iPad 2. Because of the aggressively low price, Amazon.com is expected to sell about 5 million Kindle Fire devices in Q4. The number of Android smartphones that have been activated has doubled in the last six months from 100 million to 200 million. During an earnings call in July, Google said that they activate 550,000 new Android handsets every day.
[Launch]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry