Okay, gang, it's time for our quarterly Mot Earnings Quiz! Just one night more and Santa Claus will visit Nokia stock owners.
1. Motorola's handset sales growth vs. Nokia's handset sales growth will be A) 10% vs. 40% B) 15% vs. 50% C) 5% vs. 60%
2. Mot's overall profit margin will A) drop to 4% B) drop by 2% C) vanish
3. According to Galvin, Motorola's digital handset business is A) growing healthily B) poised on a verge of a turnaround C) about to get a huge boost from new models just around the corner
4. Motorola will blame the lousy result on A) weak pager sales B) downturn in semiconductor sales C) evil trolls in a dramatic last minute bid to divert attention from the moribund mobile phone biz
Answer with care... the winner will receive a brand new Motorola iDEN digital phone (weight: 250 grams, stand-by time: 24 hours). Cruelly, the losers will receive two!
Maurice, communicating with Estonians is tough but doable. I think about 30% of the vocabulary is the same... the tough part is in figuring out which words are similar but have different meanings, sometimes obscenely so. They have a very high work ethic and wages around 30% of the Finnish level, so it's pretty cool. Nokia is expanding its Chinese production facilities, and also producing in USA and Germany. The early production of all cutting edge models is still done in Finland, perhaps for security reasons. I have no shame in expressing my opinions about Motorola... they tried to kill GSM in the early Nineties and now their accumulated bad Karma is finally catching up with them.
Om mani padme hum! Tero |