Motorola is in decline
Posted on March 11, 2008
Filed Under Buying Tips |
Motorola is on track to end the year as the world’s No. 4 mobile phone maker.
As that humbling number indicates, these aren’t fun times for the stumbling Schaumburg, Ill. wireless titan. Nokia (NOK) continues to dominate the market with about 40% of the business, and that stake is growing. Rival Samsung surpassed Motorola last summer as the No. 2 phone maker. And now, if Motorola’s 27% annual decline in phone sales continues, the foundering phone shop could easily end up at the bottom of the big five phone makers’ list.
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