Motorola (MOT) And Nokia (NOK): A Mobile Phone Shortage

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By Douglas A. McIntyre Published

Barron’s is reporting that Cowen says there will be a shortage of mobile handsets in the US “the millions of units.” The research firm indicates that this is good news for Motorola (MOT) and Nokia (NOK).

The would be a simple way to look at it. The analysis raises the question of which models are being sold out and which are not. Samsung and Sony Ericsson also have significant US handset market share as well.

But, the market appears to buy Cowen’s theory. MOT is up 2.7% today to $17.80. NOK is up 1.4% and hit a 52-week high at $37.13.

Maybe Motorola will get lucky and demand will start to pull its sales out of the mud.

Douglas A. McIntyre

Contact [email protected] for any questions or corrections.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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