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Amazon Drops Price of Fire Phone to 99 Cents Amid Snarky Jokes

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Mark Melin
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Such a deal! Amazon.com, Inc. (NASDAQ:AMZN) is lowering the price of its Fire Phone from $199 to just $0.99 with a two year contract.  But wait! For one low, low price you also receive a free year of Amazon Prime, which costs $99 per year.

Amazon Drops Price of Fire Phone to 99 Cents Amid Snarky Jokes

With a commitment to AT&T, you can purchase Amazon's Fire Phone with just $0.99

That's right. For less than a can of soda you can now purchase a cell phone. The catch, of course, is the two year commitment to AT&T Inc. (NYSE:T), which, at $60...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.