Amazon Unveils Its 1st Smartphone

Amazon unveils its 1st smartphone

Amazon unveiled its first smartphone today, the Fire Phone.

The 4.7-inch phone has “dynamic perspective,” which creates a hologram-like effect on images, CEO Jeff Bezos announced.

The Fire Phone will also have free unlimited photo storage on the company’s cloud service and will start at $199 with an AT&T contract.

Photo: Amazon CEO announces the Fire Phone at an event in Seattle. (WSJ)