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Motorola, RIM Surge in Smartphones?

  • Posted: Saturday, August 16, 2008
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  • Author: pradhana
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  • Filed under: Motorola, Smartphone

Motorola may have finally turned the corner on its decline in mobile devices and Research In Motion's BlackBerry now represents one in every 10 smartphones sold in the United States, according to a report released today from Strategy Analytics.

Mobile-phone shipments for the U.S. market grew 5.3 percent annually year over year in the second quarter of 2008, reaching 41.9 million units. Motorola (NYSE: MOT) kept its No. 1 position with a 25.8 percent market share.

"In a nutshell I think Motorola may have hit the bottom and is now on the rebound," Bonny Joy, an analyst covering wireless device strategies for Strategy Analytics, told
The research firm attributes RIM's (NASDAQ: RIMM) double-digit achievement and Motorola's continued traction to "attractive" carrier bundle plans the two vendors have put in place, and new devices hitting the market. Joy also said Motorola's appointment of a new mobile division leader bodes well for third-quarter expectations.

Read more - Internet News

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