As an owner of Amazon stock, I was very dismayed to see Amazon release a phone. The market is completely over-saturated. And worse, knowing Jeff Bezos, he wil

As an owner of Amazon stock, I was very dismayed to see Amazon release a phone. The market is completely over-saturated. And worse, knowing Jeff Bezos, he will double down and double down and double down on this thing and never give up. That it's a fundamentally bad idea is not something he will even consider once he's decided to go this route. I expect the Fire Phone to take a very big chunk out of Amazon over the coming decade.