Zacks maintains Motorola neutral rating says Smart machine is expected to revive

Source: Internet
Author: User
Keywords Motorola Zacks
Tags analysts android android smartphone mobile motorola motorola mobile smartphone stock
Beijing time October 29 Morning News, Zacks published a report today to maintain the Motorola stock ZTE rating.  The following is a summary of the report: the Motorola Mobile Devices Division was the first to turn a profit in the third quarter of 2010, benefiting from its best-selling Android smartphone. This is much earlier than previously expected. Earlier, Motorola had expected the mobile device sector to be profitable in the fourth quarter of 2010. This is the last time the department has been profitable for more than three years. Although analysts had previously had doubts, the Motorola Droid series smartphone performance was strong, unexpected to everyone.  Sanger Jia Chenggong to the outside world, as long as the company to enhance market awareness and foresight, the moribund sector can also be profitable. Zacks believes Motorola is expected to revive the smartphone business by betting on the Android system. A spin-off plan that has been put on the agenda will also boost the value of the mobile device sector.  However, it remains to be seen that Motorola will face a strong challenge from Apple once it has spent a great amount of time promoting the Motorola Droid's Verizon to gain the right to sell the iphone. We maintain Motorola's "neutral" long-term rating, which is rated "holding" in the short term. (slides)
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