Nokia (NOK): A Big Quarter, More Hurt For Motorola (MOT)

Telecom & Wireless

Published: January 24, 2008 6:28 am

Every time Motorola (MOT) posts a bad quarter, it seems that Nokia (NOK) posts a good one.

Motorola is losing money in its core handset business. It sold only 40 million units in the fourth quarter of last year. That puts its global market share around 12%.

Today Nokia announced its market share has moved to 40% and reported a 57 percent rise in its October-December earnings per share according to Reuters. The world’s No.1 handset firm sold almost 134 million units for the period.

So far the fourth quarter appears to have been very good for Nokia, Samsung, and Sony Ericsson. That has put Motorola is a horrible position. It has no flagship product and its rivals are putting on more pressure each quarter as their pieces of the market get bigger.

A turnaround at Motorola may not just be hard. It may be impossible.

Douglas A. McIntyre

Are You Ahead, or Behind on Retirement? (sponsor)

If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention.

Finding a financial advisor who puts your interest first can be the difference between a rich retirement and barely getting by, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been carefully vetted, and must act in your best interests. Start your search now.

Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.