Motorola cuts sales and earnings forecasts

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Motorola cuts sales and earnings forecasts kitchenman
kitchenman:

Motorola cuts sales and earnings forecasts

 
09.06.03 13:17
#1
6/9/2003 7:10:54 AM

NEW YORK, June 9 (Reuters) - Motorola Inc. (MOT) , the world's No. 2 mobile phone company, on Monday cut its second-quarter sales and earnings estimates because phone sales in Asia were lower than expected due to the SARS outbreak.

Motorola, based in suburban Chicago, said it now expects net income of about 2 cents per share. Excluding certain items, it said it should about break even.

Sales should range from $6 billion to $6.2 billion.

Last month, Motorola affirmed earlier estimates for sales of $6.4 billion to $6.6 billion and earnings of 1 cent to 3 cents per share excluding certain items.

Motorola cuts sales and earnings forecasts Stox Dude
Stox Dude:

I love such news

 
09.06.03 13:23
#2
Stox Dude
Motorola cuts sales and earnings forecasts 1056026
Motorola cuts sales and earnings forecasts Stox Dude

das duerfte einen Put auf Motorola wert sein ;-)

 
#3
Stox Dude
Motorola cuts sales and earnings forecasts 1056032


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