Financial Performance - 13/10/08

Publié le par Jean Arnal

Analyst Corner: CSFB lowered by 10% ATT' share price to $34, due to wireline concerns. RBC lowered ALU price by 40% to $3, due to economical slowdown and credit crisis; ALU share price is down 60% from January 1. Ericsson price was also cut by 25% by RBC, while it cut Nortel' s price target by 50%.

Most telecom vendor were hit on last Monday: Nokia lost 6%; Motorola was down 8% and hit its lowest level since 1992; RIM lost 2%; Qualcomm fell 1.5%;

HTC reports a 3Q08 net profit of $220m (-5%) on revenues of $1.2bn (up 30%).

Publié dans Financial Performance

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