Not Much Riding on BlackBerry World — Just RIM’s Future

“This is RIM’s big chance to tell the BlackBerry 10 story.”
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Gloom, Doom Loom for Motorola Xoom?

When it debuted in February, Motorola’s Xoom was widely described as the first comparable competitor to Apple’s iPad. And while it may be that, it’s not proving much of a rival in the market.

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Motorola: Can It Sell One Million Droids This Quarter?

So, just how many Droid smartphones can Motorola sell in the December quarter? RBC Capital analyst Mark Sue asserted in a research note dated Sunday that he thinks the company has already sold 700,000 to 800,000 Droids, which should make it possible for the company to hit his estimate of 1 million Droids for the quarter.

100,000 Droids Dropped During First Weekend

The Droid invasion appears to be going according to plan. Motorola’s new Android-based handset arrived at Verizon Wireless stores last Friday and analysts say it’s selling quite well. Indeed, Broadpoint AmTech analyst Mark McKechnie estimates Verizon sold about 100,000 Droids in its first weekend.
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Insert Lame "New Moto Phone CLIQs With Investors" Pun Here

Motorola is getting a bit of long lost love from Wall Street today, now that it has unveiled the CLIQ–the Android-powered handset with which it hopes to regain market share in the intensely competitive cellphone business. Shares in the company spiked more than seven percent after the CLIQ announcement Thursday, and today they’re up well over six percent.
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Insert Lame “New Moto Phone CLIQs With Investors” Pun Here

Motorola is getting a bit of long lost love from Wall Street today, now that it has unveiled the CLIQ–the Android-powered handset with which it hopes to regain market share in the intensely competitive cellphone business. Shares in the company spiked more than seven percent after the CLIQ announcement Thursday, and today they’re up well over six percent.
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Voices

Nokia: Signs of Light?

Are things picking up at Nokia? Maybe… or at least, they seem to be getting worse at a decelerating rate. RBC Capital’s Mark Sue this morning repeated his Outperform rating on the stock and lifted his price target to $16, from $12, asserting that the company’s operating margins in mobile device many have bottomed. “It’s been the most volatile global handset quarter since we can remember, yet the shock to the system seems to be dissipating,” he writes.

Voices

Cellphones: Demand Is Even Worse Than You Think

How bad is the market for cellphones? Really bad. Worse than really bad. RBC Capital’s Mark Sue this morning cut his Q1 forecast for global handset unit demand to 230 million, from 248 million, which would mean a sequential drop of 25 percent. For the full year, Sue now expects handset units to drop 18 percent.

Chapter 10, in Which Nortel Mulls Chapter 11

A few weeks back, RBC Capital Markets analyst Mark Sue warned that Nortel is facing a very bleak future. “Considering the worsening macro environment, Nortel’s challenged industry position, and concerns related to liquidity while the capital markets are basically closed, we think bankruptcy is a distinct possibility down the road,” Sue wrote in a note to investors. Looks like Sue was right, and the road to which he referred was a short one.

Analyst: Nortel Bankruptcy Rate May Soar

“Bankruptcy” and “distinct possibility.” Not the sorts of words a company hopes to see in its press coverage, but precisely the ones Nortel has been confronted with today. Describing the telecom equipment manufacturer as “overwhelmed with debt and burning cash,” RBC Capital Markets analyst Mark Sue cut his price target on Nortel to $0 from $1.50 and warned that the company is facing a very bleak future