The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill and analysts Jason Moser and Andy Cross discuss the top business and investing stories of the day.
Last month, AT&T (NYSE:T) introduced the HTC First smartphone, dubbed the Facebook (NASDAQ:FB) Phone. The HTC First features FB Home. Last week, AT&T dropped the price of the phone from $99 to 99 cents. Now, AT&T is abandoning the phone altogether. What does the news mean for the future of Facebook and Facebook Home? In this installment of MarketFoolery, our analyst tackle that question.
The relevant video segment can be found between 14:58 and 18:55.
Andy Cross, Chris Hill, and Jason Moser have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.