Here's why the Facebook phone flopped
The HTC First, also known as the Facebook phone, was unofficially declared a disaster after AT&T dropped its price from $99 to 99 cents on Wednesday.
Is anybody surprised?
Even in an industry known for liberal smartphone discounts, the price drop of the First -- which comes less than a month after its debut -- came relatively quickly. That suggests what many of us have suspected: that the First was dead on arrival.
Despite an army of naysayers, the First actually had a lot going for it. It had the backing of a well-known name in Facebook, which … Read more