Word: motorolas
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...glamour of television has kept the industry's stocks well out in front of 1950's bull market. But even bulls were amazed at the scramble to buy TV stocks last week. What started the rush were reports by Admiral Corp. and Motorola Inc. that their first-quarter sales were double and their profits triple the rate for 1949's same period. The stock of Motorola, which reported estimated earnings of $3.50 a share for the first quarter, shot up 8 points in one day's trading to 50⅛. Admiral, with earnings...
Halligan had no monopoly on the revolution. The tube, developed by American Structural Products Co. (a subsidiary of Owens-Illinois Glass Co.), and now being manufactured by several other companies, was on sale to all comers. Other makers would soon be using it, and Motorola was ready to show its first rectangular tube set this week. Hallicrafters had simply moved faster than anybody else in getting the new picture tube development across to the public. Grinned President Bill Halligan: "That's because we're smaller than the big boys. We're faster on our feet...
Over $600 worth of furnishings and equipment, including a new $250 Motorola television set, was stolen from the Graduate Student Club at 18 Appian Way during the Christmas vacation, William G. McLoughlin 3G, director-treasurer of the Club, disclosed last night...
Although more than 100 manufacturers were making TV sets, 90% of the sales still went to the industry's Big Eight (Admiral, Crosley, Du Mont, Emerson, General Electric, Motorola, Philco and RCA). Last winter both big & small manufacturers were booming confidently ahead in the expectation that 1949 was going to be a 2,500,000-set year. This spring they crashed into a roadblock of buyer resistance. By last week, many of the smaller companies were hanging on by their fingernails...
Customers, shelling out on the prospect that programs would improve before the novelty wore off, were going heaviest for table sets with 10-in. screens (most popular models: a $339.50 Philco, a $375 RCA). But the smaller 7-in. screen models, such as the $179.95 Motorola, the cheapest set, were right behind...