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Wednesday, July 20, 2005

Motorola's Zander Says 'Watch Out, Nokia' - Forbes.com

Motorola's Zander Says 'Watch Out, Nokia' - Forbes.com

Motorola's Zander Says 'Watch Out, Nokia'
Chris Noon, 07.20.05, 8:04 AM ET

Edward J. Zander


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LONDON - You can open, close, zoom, pan, and rotate Motorola's Razr V3 on the company's Web site, in a kind of try-before-you-buy 360-degree view of the minimalist handset. The precision-cut, ultra-thin phone, which resembles a metal credit card when folded in two, yesterday helped the world's number two handset maker to trump Wall Street expectations by turning in second-quarter profit of $933 million.

A magnificent seven for Motorola (nyse: MOT - news - people ), which lags behind only Finnish wireless giant Nokia (nyse: NOK - news - people ): It's the seventh consecutive positive quarter from Illinois-based Motorola, which took 18.1% of the global cell phone sales pie. Company Chief Executive Edward J. Zander explained that although Motorola's number two, it's a leaner, meaner number two:


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