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Technology Stocks : Nokia (NOK)

NOK 6.060

-1.5%

2:32 PM EST

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To: Eric L who wrote (26504)	6/8/2004 3:17:47 AM
From: elmatador	Read Replies (1) of 34857

Motorola beats Nokia in China and closes the gap with Nokia in smartphone market msmobiles.com June 08, 2004 [General] It is not a secret that Microsoft Smartphone - Motorola MPx200 - is one of the best selling smartphones produced by Motorola corporation, although Motorola produces also Linux and Symbian based smartphones. It is therefore interesting to learn that outlook of Motorola stock, as evaluated by CSFB is increasingly better and better: Credit Suisse First Boston raised earnings estimates for Motorola based on the assumption that Motorola will benefit greatly from the upcoming cell phone upgrades that users will be doing in months to come... Motorola's strong mid-range/high-end product portfolio is highlighted by continued dominance in the Chinese camera-phone market, with a 33.6% share in April and improving smartphone market share at 24.4%, closing the gap with Nokia by 200 basis points.

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