To: Proud_Infidel who wrote (36801 ) 8/16/2000 12:10:52 AM From: Mephisto Read Replies (1) | Respond to However, sales of these so-called WAP phones have yet to catch on, which some analysts attribute to slow data rates and small displays. Ericsson, Motorola, and Nokia each warned recently that upcoming revenue could be less than expected, in part due to lower-than-anticipated sales of high-end handsets. Nokia says their problem with earnings has nothing to do with demand. I live in Seattle. Several million people live in the area, but you don't see that many people who use cell phones or "hand-sets", unlike Hong Kong or Singapore where so many people flip on their hand-sets once they leave the airport. I believe there is tremendous room for growth, especially since Texas Instruments supports this belief:At the beginning of the year, expectations for cell-phone shipments ranged from a low of 286 million by Jack Quinn of MicroLogic Research in Phoenix, to 435 million by TEXAS INSTRUMENTS INC. TI, the supplier of roughly 60% of all processors used in wireless handsets, contends 435 million units may still be achievable, resulting in a 60% unit increase over 1999.Brian, I've owned shares in TI for a number of years. I believe the company has tremendous credibility so if TI believe there could be a 60% unit increase, I'd believe them. Also, if you read Texas Instruments CEO's comments on last quarter earnings, you will read that he expects good earnings next quarter, a quarter where TI has been weak in the past.
