Consumers who want to buy a new Motorola (NYSE: MOT) Droid X from Verizon Wireless may want to buy an Apple Inc (NASDAQ: AAPL) iPhone 4 instead, even if it comes with a rubber sheath.
The Verizon Wireless website shows that the Droid X is sold out until July 27 when handsets ordered now will be shipped.
The news represents another example of the lack of product planning by large smartphone companies. Apple had similar problems with the iPhone 4 and iPad.The critical difference between the Droid X and iPhone is that the Droid is not considered one of the top-tier products in the industry, a position enjoyed by Apple and Research In Motion (NASDAQ: RIMM), which makes the Blackberry. Motorola, which was almost destroyed when its RAZR handset sales lost momentum, has a small window of time to gain market share in a competitive field that includes Apple, RIMM, Samsung, LG, and smartphone laggard Nokia (NYSE: NOK).
Motorola’s shares dropped from almost $26 at the height of the success of the RAZR in 2006 to just above $3 in March 2009. Shares have recovered to $7.50, but without an extremely successful set of Droid launches, Motorola will slip to the back of the smartphone track again.
Douglas A. McIntyre
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
