Word: handsetting
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...That is not stopping Amazon (AMZN) from marketing its ebooks on the Apple handset. (See pictures of the cell phone...
...news about PC and cell phone sales begins to trickle out company-by-company, it is becoming clear that a $199 handset or a $999 PC are not on the consumer's shopping list. Nokia (NOK), which has 40% of the world's handset market reported that global sales would contract in 2009. That is unheard of. It means that fewer people are upgrading old phones in developed markets and fewer people are buying a first phone in developing countries...
...first is that cellular handset sales are slowing in developed nations. In the U.S., by some estimates, there are more handsets than people. The same problem has hit carriers in Japan...
...senior engineer at Shenzhen-based TCL Mobile Communication, a subsidiary of one of the country's top handset makers, also supports the move to 3G. "I was doubtful about the future of 3G in China, but now I'm fairly optimistic, having witnessed the success of [Apple's] 3G iPhone" in the U.S. and Europe, he says. "Many people were concerned that there would be no use for 3G, since it is not a technology everyone will want to use. But I think we will be successful in promoting Internet-browsing on smart phones with 3G technology...
Motorola (MOT) is another American business iconic brand which is close to the point of extinction. The company's core handset business has been flailing for close to two years. One CEO was fired over a year ago, but now the firm has two CEOs. One of them was to run the handset businesses after it was spun-off from the main company. That process has been delayed and may never happen. Motorola lost $3.6 billion in the fourth quarter of last year. For that quarter, revenue from the company's handset unit dropped by over half Several members...