Financial Performance - 22/06/08

Publié le par Jean Arnal

Qualcomm increased its FY3Q earnings forecast by almost 9%, due to higher-than-expected sales and better than expected ASP for CDMA devices. Lehman Brothers increased its estimates by 1.5% in 2008 and 1.7% in 2009.

Oppenheimer has lowered its estimates on Nokia with EPS down 7.5% both in 2008 and 2009.

Huawei forecasts its APAC orders would reach $3.9bn in 2008 (up 56%).

In a new note from Global Crown Capital, we can read that main operators in the US are far from enthusiastic on Motorola' s new model range. But Motorola's market share in the US (about 25%) is critical to its survival. In addition, competition increases pressure on price and margins and new comers, such as Apple, RIM or HTC, will have some impact on Motorola' s business. A rumor circulates on a potential downgrade by financial analysts of its credit ratings, making yet its life more difficult.

Publié dans Financial Performance

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