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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Jerome who wrote (99)10/27/2001 10:44:19 AM
From: Proud_Infidel  Respond to of 25522
 
Jerome,

Thank you. My feeble mind has trouble grasping much of what I post sometimes also....welcome to the club<VBG>

BTW, I like the idea of actually being able to find news items should I ever need to come back and find some, without wading through several hundred posts of inanities.

Regards,

Brian



To: Jerome who wrote (99)10/27/2001 10:49:47 AM
From: Proud_Infidel  Read Replies (1) | Respond to of 25522
 
Cell phones will resume growth in 2002

Once upon a time, the cellular-phone industry promised that there would be a handset in nearly every pot worldwide. Both chip makers and OEMs also pumped up the industry by saying that there would be 1 billion handsets sold in the market by this time.

Not so. Since the beginning of last year, the cell-phone market has experienced a sharp downturn, causing industry pundits to rapidly scale back their original forecasts for the business.

The latest gloomy forecast comes from IC Insights Inc., which says the handset market will decline by 5% this year, from 415 million in terms of worldwide unit shipments in 2000, to 395 million in 2001.

In 2002, the market is projected to rebound and increase by 7% to 425 million units worldwide, according to the Scottsdale, Ariz.-based market research firm. That's decent growth, but a far cry from a handset in every pot.--M.L.