Motorola sees 3rd qtr phone revs up 30 to 40 pct
Latest News and Financial Information | Reuters.comUPDATE 1- Motorola sees 3rd qtr phone revs up 30 to 40 pct
Wed Sep 8, 2004 06:19 PM ET
By Daisuke Wakabayashi (Adds comment from Motorola CEO Edward Zander and market share data.)
BOSTON, Sept 8 (Reuters) - Motorola Inc. (MOT.N: Quote, Profile, Research) said on Wednesday it feels "comfortable" with its earlier estimates that revenues in its mobile phone division will rise 30 to 40 percent in the current quarter from a year ago.
Motorola President Mike Zafirovski told investors at the annual SG Cowen technology conference that his company has not seen much impact from the recent price-cutting strategy of industry leader Nokia (NOK1V.HE: Quote, Profile, Research) (NOK.N: Quote, Profile, Research) .
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