Business
Amazon reportedly reviving smartphone a decade after Fire Phone flop
Evercore ISI Senior Managing Director Mark Mahaney analyzes Amazon and Duolingo on ‘Varney & Co.’
Amazon is reportedly developing a new smartphone more than a decade after scrapping its Fire Phone, with plans for an AI-driven device integrated with Alexa and its broader services ecosystem.
The tech giant’s new effort is called “Transformer” and is being developed within the company’s devices and services unit, according to Reuters, citing four people familiar with the project.
The outlet said the new phone could be a mobile personalization device able to sync with the voice assistant platform Alexa.
Details about the anticipated price of the phone, along with Amazon’s financial commitment to the project and revenue projections, were not immediately clear.
AMAZON LAUNCHES 1-HOUR AND 3-HOUR DELIVERY OPTIONS WITH NEW TIERED PRICING STRUCTURE FOR CUSTOMERS

The Amazon logo is displayed on the façade of Amazon Germany’s headquarters in Parkstadt Schwabing, Munich, Bavaria, Jan. 27, 2026. (Matthias Balk/picture alliance via Getty Images / Getty Images)
Sources told Reuters the project’s timeline is also unclear, noting it could still be scrapped.
An Amazon spokesperson declined to comment to Reuters. Fox Business has reached out to Amazon for comment.
Amazon introduced the Fire Phone in 2014, packaging the product with a free year of Amazon Prime.
HSBC WEIGHS DEEP JOB CUTS AS AI OVERHAUL UNFOLDS: REPORT

Amazon is reportedly developing a new AI-driven smartphone integrated with Alexa, marking a potential return to the highly competitive mobile market. (fizkes/iStock/Getty Images Plus / Getty Images)
While the smartphone was launched with a lot of hype, it received mixed reviews with complaints ranging from a lackluster operating system to its high price, which was initially $649.
The company canceled the smartphone after just 14 months, taking a $170 million charge for unsold inventory, Reuters reported.
Apple and Samsung together commanded about 40% of global smartphone sales last year, according to Counterpoint Research, a market Amazon would now be reentering with its reported new device.
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The logo of Amazon’s Alexa+ is displayed on a screen during an Amazon Devices launch event in New York City Feb. 26, 2025. (Reuters/Brendan McDermid / Reuters)
According to Reuters, the new smartphone would include personalization features that would allow users to easily access Amazon.com, Prime Video and food delivery apps like Grubhub.
The project is focused on integrating artificial intelligence into the device, which could eliminate the need for traditional app stores, the outlet added.
Reuters contributed to this report.
Business
This Satellite Stock Is Finally Moving. Earnings Show the Space Business Is Heating Up.
This Satellite Stock Is Finally Moving. Earnings Show the Space Business Is Heating Up.
Business
Politics And The Markets 03/21/26
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Business
Earnings call transcript: CuriosityStream Q4 2025 sees revenue growth, stock up

Earnings call transcript: CuriosityStream Q4 2025 sees revenue growth, stock up
Business
What’s Behind the Selloff in Gold and Silver
The tumble in precious-metals prices from their all-time highs has accelerated, with gold and silver futures suffering some of their worst daily declines on record Thursday.
Gold sank for the sixth time in the past seven trading days, losing 5.9%, or $289.20 an ounce, on Thursday. Silver futures shed 8.2% a troy ounce, bringing the total decline from a seven-session fall to around 20%.
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Business
Intercontinental Exchange Stock: Business Intact Despite Recent Macro Headwinds (NYSE:ICE)
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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Planet Labs Crushes Earnings, But Risk Is Rising
Planet Labs Crushes Earnings, But Risk Is Rising
Business
Dollar’s dominance in oil markets faces structural test as Gulf trade shifts

Dollar’s dominance in oil markets faces structural test as Gulf trade shifts
Business
Five Below Stock Might Grow Faster Than Its Management Expects (NASDAQ:FIVE)
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Business
Home working, long leases and rise of parking apps – what went wrong for NCP
How could a company that charged as much as £65 for a day’s parking fail to turn a profit?
Business
In War, Things Tire Or Break, StandardAero Stock To The Rescue (NYSE:SARO)
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