|
COPYRIGHT 2005 Crain Communications, Inc.
Byline: MIKE DANO
The world's largest handset makers enjoyed generally plentiful profits and solid shipment numbers in the third quarter, but investors heard a few sirens of caution. Specifically, market-leader Nokia Corp. alarmed Wall Street with its reliance on sales of low-end, inexpensive handsets-and predictions that it would continue to do so in the fourth quarter.
Nonetheless, industry watchers largely were satisfied with the handset industry's direction. Indeed, the world's phone vendors sold a record 208 million phones during the quarter, according to research and consulting firm IDC.
"Last year, quarterly mobile-phone shipments didn't reach 200 million units until the end of the fourth quarter when vendors were keeping the channels' shelves stocked for the holiday rush,'' said Ramon Llamas, a researcher with IDC's device team. "As vendors announced...
Read the full article for free courtesy of your local library.
|
Bookmark this article
Print this article
Link to this article
Email this article
Digg It!
Add to del.icio.us
RSS
