Sony Ericsson, Samsung Show Strong Sales
Sony Ericsson, Samsung Show Strong SalesSony Ericsson, Samsung Show Strong Sales
By Scott Moritz
Senior Writer
7/15/2005 11:26 AM EDT
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Price cuts are keeping cell-phone sales growth on track, but profits are taking a beating.
Second-quarter updates from Samsung and Sony Ericsson show no let-up in wireless handset demand, as industry giants Nokia (NOK:NYSE - commentary - research) and Motorola (MOT:NYSE - commentary - research) continue to lower prices to gain market share.
Analysts expect strong results Tuesday from Motorola, largely on the basis of the popularity of its new phones, such as the thin metal Razr.
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Motorola RAZR V3
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RAZR
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