Motorola in Trouble |
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"It was like this company would make a quarter, miss a quarter; get a product out, miss something." - Edward Zander, the CEO of Motorola, in 2006.1 "Phone manufacturers are only as hot as their last major hit — if they haven't smacked it over the fence in a while, they're in trouble. Motorola failed to follow it up with something similarly as big as the Razr." - Carmi Levy, Senior Research Analyst at the Info-Tech Research Group, in 2007.2 "What seems clear is that their competitors are pouncing on Motorola during this period of weakness. We think Nokia is hitting them in the emerging markets while Samsung is attacking in the mature markets." - Daryl Armstrong, an Analyst at the Citigroup, in 2007.3 Motorola's Second Quarter Disappointment
In the second quarter of 2007, Motorola had shipped 35.5 million mobile handsets.8 In contrast, Finland-based Nokia Corporation (Nokia) had shipped 100.8 million handsets (an increase of 29 percent over the corresponding quarter of the previous year).9 As of the second quarter of 2007, Nokia was the leader in the global mobile phone industry, with a market share of 38.0 percent.10
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1] Julie Johnsson, "Edward Zander's Motorola," Chicago Business, July 10, 2006.
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