As prices drop, when’s the best time to buy a new phone?

As the pace of advances in mobile technology accelerates, waves of new smartphones are appearing every few months. That can mean some savings in the form of a price drop on recently launched phones by the carriers. But how long should you wait?

Amazon Wireless: Smart Move. So More Specialist Stores to Come?

amazonwireless.gifI just saw that Amazon (s AMZN) has launched a new, special store — dubbed Amazon Wireless — that sells wireless service plans and devices from U.S. carriers AT&T (s T) and Verizon Wireless (s VZ). Sprint and T-Mobile USA are coming to the store soon. To be fair, Amazon is playing catch-up with San Francisco-based specialty e-tailer, LetsTalk, which offers more options when it comes to plans, carriers and devices. It also has a 10-year head start.

Nevertheless, it is safe to predict that thanks to its dominating presence on the Internet, Amazon will be a formidable competitor to LetsTalk. Read More about Amazon Wireless: Smart Move. So More Specialist Stores to Come?