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ID number:254157
 
Evaluation:
Published: 29.01.2006.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Motorola (MOT: 22.50, -0.45, -2.0%) can relate to the sour market reception. The numbers it released last Thursday showed an 18% jump in fourth-quarter sales, a 68% surge in earnings per share (13 cents of which came from a Turkish telecom company's debt repayment), a 40% increase in mobile handset shipments and -- kiss of death -- in-line Q1 guidance. Investors' response: a harsh 8% selloff on Friday.
As for the one "surprise" in Nokia's report, here it is: Average selling prices, or ASPs in industry parlance, declined slightly.
That's right. Now, I know Motorola said as much in its repor…

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