Citigroup says the phone might cost less than $200 Amazon is working on a smartphone to be released in the fourth quarter of 2012, according to a Citigroup analyst quoted by All Things D. Amazon officials did not respond to a request for comment.Citigroup researcher Mark Mahaney wrote: “Based on our supply chain channel checks in Asia … we believe an Amazon Smartphone will be launched in 4Q12.” The note added that Citigroup believes the Amazon smartphone will run the Texas Instrument OMAP 4 processor and is likely to have a dual-mode radio from Qualcomm. Citigroup even suggested the device would cost $150 to $170 to build, and might be sold for about that amount. Amazon is selling the Kindle Fire tablet at $199, which is $10 less than one research firm determined was the $210 cost of building the device. The Kindle Fire runs an Amazon-customized version of Android 2.3, and Citigroup suggests the phone would also run Android.Matt Hamblen covers mobile and wireless, smartphones and other handhelds, and wireless networking for Computerworld. Follow Matt on Twitter at @matthamblen or subscribe to Matt’s RSS feed. His e-mail address is mhamblen@computerworld.com. Related content news analysis Apple earnings: About that iPhone 'slump' in China Based on information from Thursday's earnings report, it seems that data pointing to an iPhone slump in China were over-baked. By Jonny Evans May 03, 2024 9 mins iMac iPhone Apple news Microsoft begins to phase out ‘classic’ Teams Microsoft is encouraging Teams customers to move to the new, faster version of the collaboration app; the older version will be switched off next year. By Matthew Finnegan May 03, 2024 3 mins Microsoft Teams Collaboration Software Productivity Software news analysis Apple confirms it will open up the iPad in Europe this fall The latest efforts to comply with Europe’s Digital Markets Act mean developers can offer to side load apps to both iPhones and iPads in the EU. Apple has also taken steps to improve what it offers to smaller and non-commercial developers in the By Jonny Evans May 02, 2024 6 mins iPad Apple Mobile Apps news Udacity offers laid-off US workers free access to its courses for 30 days Sign-ups will be available over the next 30 days By Lucas Mearian May 02, 2024 4 mins Technology Industry IT Jobs IT Skills Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe