Amazon Thinks It Can Beat Blackberry at Smartphones

Now watching

Next video starts in : 7 Play

Amazon Thinks It Can Beat Blackberry at Smartphones

Amazon Thinks It Can Beat Blackberry at Smartphones
Replay video
Up next

Jim Cramer Discusses Why He Likes Starwood Hotels and Target

Unlock your personal NFL Now stream by signing in to NFL.com

Amazon Thinks It Can Beat Blackberry at Smartphones

by TheStreet 2:54 mins

Amazon Thinks It Can Beat Blackberry at Smartphones

by TheStreet 2:54 mins

Amazon may be late to the smartphone market with its new Fire phone, but it clearly thinks it can do better than Blackberry. Blackberry once owned the mobile phone market, but has never recovered from its decision to keep the keyboard. Ari Zoldan, CEO of Quantum Networks, says the key difference between the two companies is that Amazon has the safety net of its retail operation to fall back on, whereas Blackberry's sole business is the phone. Zoldan says Blackberry isn't going down without a fight though, in its latest earnings report the company said it sold 1.6 million phones. Debra Borchardt reports from Wall Street.

TheStreet

Personal Finance

  1. 2:22

    How this woman tracked down her identity thief

  2. 2:23

    3 strategies that can help simplify your life

  3. 2:14

    Would you give your dog your kidney?

  4. 2:14

    5 unique summer jobs that pay great

  5. 1:03

    Money Minute: What employers are really looking for

  6. 2:31

    CEO cashes out to become a farmer

Market Movers