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.