Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 167.13

+1.2%

11:20 AM EST

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To: Craig Schilling who started this subject	9/6/2001 3:45:47 PM
From: Ruffian	Read Replies (1) of 152472

Handset Sales Projections Lowered -- Again BY KRISTY BASSUENER SEPTEMBER 6, 2001 Merrill Lynch & Co. now predicts that mobile phone sales will decline this year as compared with last year. The firm on Wednesday projected that about 390 million handsets will sell in 2001 -- a 5 percent drop from the 410 million phones sold in 2000. If the projection holds true, this year will be the first year ever that year-over-year mobile handset sales have declined. Next year's sales will stay flat, Merrill Lynch added. Previous predictions dropped from the 500 million range to the 400 million range, although analysts have continually revised expectations this year as economic conditions worsened.

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