Is Amazon's Smartphone a Smart Move?

The following video is part of our nationally syndicated Motley Fool Money radio show, in which host Chris Hill and advisors Ron Gross, James Early, and Joe Magyer analyze the week's business and investing news. In this segment the guys discuss reports that Amazon.com is working on a smartphone to release in late 2012, the wisdom of such a strategy, and what it could mean for competitors such as Apple and Nokia.

The Motley Fool's latest report,"3 Hidden Winners of the iPhone, iPad, and Android Revolution," highlights three companies that are poised to cash in on the booming smartphone and tablet trend in the United States. You can get instant access to these companies by clicking here -- it's free.

At the time thisarticle was published Chris Hillowns shares of Amazon.com. The Motley Fool owns shares of Apple, Citigroup, and Google.Motley Fool newsletter serviceshave recommended buying shares of Amazon.com, Apple, and Google and creating a bull call spread position in Apple. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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