Bezos calls Amazon's Fire Phone 'bold bet,' says company will keep trying

Amazon (NASDAQ: AMZN) CEO Jeff Bezos defended the company's first smartphone, the Fire phone, as a "bold bet" that has not yet paid off, but is part of a culture of experimenting and risk taking at the retail and commerce giant. Bezos indicated that future iterations of the phone would be coming but declined to give details or a timeline. FierceWireless' Phil Goldstein has a complete report here.

Suggested Articles

Streaming TV service FuboTV has expanded its deal with Discovery Inc. and in the coming weeks will add Discovery Channel, TLC and more to its base subscriber…

AT&T’s new DirecTV streaming service, due out later this year, is being packaged with a proprietary Android TV-based streaming device. But, the service…

Comcast is calling on its cable brethren, Charter and Cox, for a new initiative called On Addressability focused on building a “sound, scalable and sustainable…