Motorola (MOT) management probably thought they would get a couple of weeks of restful sleep now that Carl Icahn has been dispatched. But, no such luck.
Rival Nokia (NOK) says it expects it global market share to rise to more than 36%. And, it says it is holding its pricing. The forecast is for the April through June period.
With Motorola in second place among the world’s handset makers, it is likely to be the loser as Nokia’s share rises. The larger firm did not say as much, but the market is. Motorola’s shares have traded down as much as 1% today, putting them down over 15% for the last six months.
Douglas A. McIntyre
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