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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: sandeep who wrote (92460)4/10/2001 5:52:40 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
Yes, but a lot of the orders "growth" was from Asia (ie, China). Wonder what the "visibility" there will be for next quarter?<VBG>

biz.yahoo.com

Segment sales were $2.3 billion, down 29 percent. Orders were $2.8 billion, down 10 percent. The segment incurred an operating loss of $402 million versus operating earnings of $53 million a year ago. The decline in financial performance is due to lower worldwide demand for wireless telephones by service providers and an increase in manufacturing costs as a percent of sales.

In the Americas, sales and orders for wireless telephones were down. In Europe, sales were down very significantly and orders were down. In Asia, sales were significantly lower, while orders were higher.
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