Telecom & Wireless
Motorola (MOT) And Nokia (NOK): A Mobile Phone Shortage
Published:
Barron’s is reporting that Cowen says there will be a shortage of mobile handsets in the US “the millions of units.” The research firm indicates that this is good news for Motorola (MOT) and Nokia (NOK).
The would be a simple way to look at it. The analysis raises the question of which models are being sold out and which are not. Samsung and Sony Ericsson also have significant US handset market share as well.
But, the market appears to buy Cowen’s theory. MOT is up 2.7% today to $17.80. NOK is up 1.4% and hit a 52-week high at $37.13.
Maybe Motorola will get lucky and demand will start to pull its sales out of the mud.
Douglas A. McIntyre
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