2008 April 24 | PhoneReport v2.0

Archive for April 24th, 2008

Motorola Q1 Earnings, Nokia’s Patterns and Apple

Written by Meraj Chhaya on April 24, 2008 – 10:47 pm

[Written by our financial expert, MH]

Finally we had Motorola Results, that were worst than what I was thinking of, and with that Motorola will probably continue going to lower levels.

Let me resume the story and tell you what really happened and why Motorola stocks (NYSE:MOT) didn’t fall more than 3%. and why they can tomorrow fall more than that.

In the first three months of 2008 Motorola said its loss widened to $194 million, or 9 cents a share, from a year-earlier loss of $181 million, or 8 cents a share. Sales dropped 21% to $7.45 billion from $9.43 billion.

Excluding one-time costs, Motorola would have lost 5 cents a share. On that basis, analysts were expected the company to lose 7 cents a share on revenue of $7.84 billion.

In the current second quarter, Motorola estimated it would lose 2 cents to 4 cents a share from operations, compared with Wall Street’s consensus prediction that the company would break even.

Motorola shipped 27.4 million wireless handsets in the first quarter, down from 40.9 million in the prior quarter and from its all-time high of 65.7 million in the 2006 fourth quarter. Wall Street was expecting the company to ship as many as 31 million.

The company’s global share has fallen to below 10% from nearly 23% in late 2006.

The handset division posted an operating loss of $418 million, compared with an operating loss of $233 million a year ago. The division lost $1.2 billion in all of 2007.

Mobile sales fell 39% to $3.3 billion from the year-ago quarter. The mobile unit accounted for just 44% of total sales, compared with as much as two-thirds of Motorola’s revenue just a few years ago.

EVERY THING FELL. Worst it couldn’t be, and I woudn’t be long on MOT stocks. The analysts’ reaction was truly bad, and Zacks Rank, the guys I follow have a Sell Rate to Motorola.

Today, Motorola shares didn’t fall much more mainly because all technological stocks were touching new relative highs, monthly or yearly highs as Apple, which made to day a very beautiful candle (on technical analysis).

But, in the other hand, Nokia also followed Motorola’s way touching new yearly lows at 28,28, but again doing the Doji Pattern (a pattern of recovering) as it done two days ago.

The THING right now that we need to watch is what Nokia will do, will their shares follow Motorola? Or, will they fight against the storm?

Sources: Market Watch, Bloomberg, TimesOnline

Tags: analysis, Apple, bankrupt, earnings, mh, money, Nokia, patterns, q1, results, showoff
Posted in Motorola, Nokia, Reviews, exclusive | Comments

Linux spreading to phones like a virus

Written by Meraj Chhaya on April 24, 2008 – 10:42 pm

Dual-boot phones and devices are something quite exciting, as users have more choice. Unfortunately manufacturers don’t enable this, and to figure out how to do it you will have to know some advanced programming.

Gladly, there are people who do it for us, but it doesn’t mean it becomes a piece of cake. An example of this is the recent porting of Google Android to the Nokia N810.

Tags: abi research, google android, linux, Maemo, n810, Nokia, smartphones, Trolltech, Ubuntu
Posted in Nokia | Comments

Developments on Nokia’s Music Stores

Written by Meraj Chhaya on April 24, 2008 – 9:08 pm

In three days there has been a lot of positive progress for Nokia’s bet on the music world. Nokia has noticed that the future of mobile phones is surrounded by multimedia, and the only way to win markets was to join the trend. Nokia’s Ireland Music Store opened in the beginning of the month, while on the 21st of April, Nokia opened its store in Australia, and just yesterday, in France. More important than that, is Sony BMG’s alliance to the Comes with Music campaign.

Tags: comes with music, mp3 download, music store, Nokia, Sony BMG
Posted in Nokia | Comments

N82, is it the N95’s reincarnated?

Written by Meraj Chhaya on April 24, 2008 – 11:53 am

16042008288-800x600 N82, is it the N95s reincarnated?

That’s what it looks like to me, well the box is of a different colour, but the accessories included are the same as I had in my N95’s box. The earphones are different and the audio controller is of reduced functionality, but at a first specifications’ glance, the N82 seems like a N95 in a different form factor. The question is, is the only improvement on the N82 the camera only?