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Motorola lowers expectations for Q4
30 января 2007 |
Goldman Sachs said in a research note that it believes Motorola's warning supports its already cautious view of the handset market. Primarily, the lack of upside in end market demand will likely lead to increased price competition. The shift in the industry toward the lower average selling price (ASP) in emerging markets further aggravates the situation.
"As a result, we believe that Motorola will see several quarters of ASP weakness, causing us to lower our handset segment operating margin estimate by 100 basis point plus in fiscal year 2007," said the firm.
FierceWireless
30.01.2007
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