Amazon's Fire Phone: 5 Cameras, 3D Display, a Built-In Shopping Cart

Amazon CEO Jeff Bezos unveiled a smartphone, an extension of the company's Kindle Fire line of tablets, at an event in Seattle, Washington, on Wednesday.

Called the Fire Phone, the smartphone will launch on July 25 (preorders begin now) and will be exclusive to AT&T in the U.S. It will cost $199.99 for a 32GB version and $299.99 for 64GB, with a two-year contract. AT&T customers can also buy the phone contract-free via the carrier's Next program, for no money down and 24 monthly payments of $27.

Customers will also be able to buy Fire Phone unlocked directly from Amazon for $649. A year of Amazon Prime membership is included with purchase whether you buy from AT&T or Amazon. The device also includes the Kindle Owner's Lending Library, the only smartphone to do so. Read more...