Motorola May See Gains In Emerging Markets
Wednesday, July 12, 2006
Excerpt: Motorola, the number two manufacturer of wireless headsets, could see market share gains in both developed and emerging markets in the second quarter, according to a Monday report by Morgan Stanley.
“We expect results to demonstrate our thesis of share gains and margin expansion is playing out,” said Scott Coleman, the author of the report and an analyst for Morgan Stanley. “Guidance will show there is more progress ahead [and] we would be buyers of the stock going into earnings.”