07 Jan
Posted by ReD as Motorola, Nokia, News, News from the world, STM, USA
Bad news from American society, according to mobile phone maker in the world, which has been revised downwards its revenue forecasts for the fourth quarter of 2006.
Are between 11.6 and 11.8 billion estimated sales. We expect a turnover of between 11.8 and 12.1 billion. Earnings per share are suffering accordingly, hovering between 13 and 16 cents.
This decline à ¨ due to its mobile phone market despite the 66 million units sold, as many as 48% in pià ¹ since the last quarter of 2005. The causes are not entirely clear, the company admits to having been the victim of a "poor geographical distribution", even though experts blame the price of phones and their race to the bottom of recent times.
à ¨ The next meeting on January 19, when Ed Zadner, CEO of Motorola, will present the final results and ufficializzerà the new framework.
In Frankfurt, the title loses 3.8%. Although Nokia is not doing very well, scoring a 2.76%. He fears that Nokia expects the downward its estimates.
In Milan suffers Stm, partner of Nokia.
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