The following video is part of our nationally syndicated Motley Fool Money radio show, in which host Chris Hill and advisors Ron Gross, James Early, and Joe Magyer analyze the week's business and investing news. In this segment the guys discuss reports that Amazon.com is working on a smartphone to release in late 2012, the wisdom of such a strategy, and what it could mean for competitors such as Apple and Nokia.

The Motley Fool's latest report,"3 Hidden Winners of the iPhone, iPad, and Android Revolution," highlights three companies that are poised to cash in on the booming smartphone and tablet trend in the United States. You can get instant access to these companies by clicking here -- it's free.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.