Amazon might have quietly dropped a huge hint that it wants to 're-enter the phone market' (AMZN)

Follow Amazon’s stock price in real-time here. A much-overlooked bit in Amazon’s earnings press release on Thursday — in which Amazon said “we want customers to be able to use Alexa wherever they are” — has one Macquarie analyst speculating that the e-commerce giant could be planning another foray into phones. “We suspect, though this is admittedly speculation, that Amazon will have to re-enter the phone market either directly or indirectly in order to drive Alexa adoption,” Benjamin Schachter, the bank’s technology analyst, said in a note to clients Friday following Amazon’s record-breaking earnings report. …read more

Source:: Yahoo Finance

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