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Published: Fri, 6 Nov 2009
Description: RBC Capital Markets' Mark Sue argues the smartphone will be a boost for Motorola.
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" us continue on that being the Wall Street Journal's Walt Mossberg this week saying adroit was the best Smartphone that is offered up by Verizon. Second his mightily to the iPhone overall since the best Motorola -- tested. This means success from Motorola joining us now mark -- as a managing director analyst at RBC capital markets. Market the Jordan going to be a winner from Motorola reason to buy the stock."
" I think it's a very important step for Motorola considering that it's the flagship device that Verizon will push for the holidays. And it's -- it's that he's still as it tries to come back from its tough couple of years when it lost quite a bit of market share. Can anything really compete against the iPhone is the real competitor here many from Motorola is somebody pointed out the Blackberry from Research in Motion. It's a very competitive market and iPhone has definitely set the Biden look at the units look at the app support. Because it -- related to the iPhone. I think it's is still very exclusive as you know -- ATT so -- consumers who want to stay with the rise -- and also want something new and different. I think it's actually it challenger to some segments of the iPhone but also. Others such as blackberries that -- HTC and it's -- good move for Motorola."
" Yeah you know they talk about the BI fun of the comparisons would bear but at the same time. Those people don't want to leave Verizon how much about. A benefit is Verizon going to be from Motorola because people just say you know what I like iPhone but I don't want to lose Verizon and we'll leave it. I'd rather stick in my current carrier order they're stuck in a contract. It's a good point because -- meeting in the end the phone can be great but at the network is boy it's just the people wait. So I think for people who want to stay with Verizon this is a compelling close enough device. With a Motorola tried we've actually have one here that we've been showing clients and the the feedback so far -- pretty favorable. And I think it'll help Motorola gained back some share has gained back some lost their from the three prior years. What what kind of follow through the do you need to save them how to wow. What people are extrapolating this morning it just kind of the crowds at the Verizon stores will will be doing some more work as the rest of the S stores around the country open. And that would try to get a sense of the units. For a vote of four Motorola the -- think is about one and a half million units sport -- and to a devices for the Christmas holiday quarter. And but what's significant is the branding and the big push from Verizon. They're getting a lot of advertising from Verizon to push the product. Mark aside from Motorola. You cover a lot else what else looks good right now that we got this 17%. By some accounts unemployment. 10% -- the official rate it and we're talking about Smartphones and mean how many of these things are going to sell. That's a decline I think unit growth is still healthy. Wanting to watch hot out however as the prices for Smartphones are generally coming down so we're not really convinced his great value growth. People are moving down market in everything that they consume including Smartphones so it's important to have these things priced accordingly. The device from and -- from Motorola for examples 199. That will get lower as as time comes along and I think that's going to be -- tried across most of the other Smartphones as well. In terms of other stuff that we like we like -- Cisco as a big networking company CSC those particular we also like Qualcomm can -- eleven. All right mark sue RBC capital markets -- pleasure thank you think if it."
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