9/19/2007

Motorola can’t lift his stock price

Motorola rode high for a while on sales of its slim, stylish Razr phone. When its competitive edge started to dull, the company set its hopes on the Q, a BlackBerrylike e-mail phone, which it initially thought would sell as well as the Razr. Now, with Motorola's position as the world's No. 2 cell phone maker in jeopardy, it has brought out a thoroughly reworked Razr, and jazzed up its Q with more music-oriented features. Unfortunately for Motorola, neither of the new phones feels like a winner that's going to bolster the company's stock price, which is down 35 percent from its high of $26.30 set last year.

No comments: