N🟁N

Motorola, Nokia, Siemens, Google, and Adobe Systems Incorporated

  //science-technology.news-articles.net/content/2 .. emens-google-and-adobe-systems-incorporated.html
  Published in Science and Technology on Wednesday, November 17th 2010 at 7:10 GMT by Market Wire
          ^{🞛 This publication is a summary or evaluation of another publication}

CHICAGO--([ BUSINESS WIRE ])--Zacks.com Analyst Blog features: Motorola Inc. (NYSE: [ MOT ]), Nokia Corp. (NYSE: [ NOK ]), Siemens AG (NYSE: [ SI ]), Google Inc. (Nasdaq: [ GOOG ]) and Adobe Systems Incorporated (Nasdaq: [ ADBE ]).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: [ http://at.zacks.com/?id=4579 ]

Here are highlights from Tuesdaya™s Analyst Blog:

Motorola Splits in January 2011

Struggling mobile phone manufacturer Motorola Inc. (NYSE: [ MOT ]) will split itself into two separate entities in January 2011. Previously, Motorola expected the split to be completed in the first quarter of 2011.

Motorolaa™s spin-off has been in progress since early 2008. The company decided to split its Mobile Devices and Home Division as Motorola Mobility (which will sell mobile handsets and television set-top boxes) and the Enterprise Mobility Solutions and Networks businesses as Motorola Solutions (which will supply wireless technology to governments and enterprises).

Motorola has incurred losses of about $5 billion over the past three years, due to weakening sales. During third quarter 2010, Motorola had $8.99 billion in cash and investments. Total debt at the end of the quarter was $3.4 billion.

Motorola sold most of its telecom infrastructure businesses to Nokia Siemens Networks, a 50-50 joint venture between Nokia Corp. (NYSE: [ NOK ]) and Siemens AG (NYSE: [ SI ]), for $1.35 billion, which will help Nokia Siemens strengthen its network infrastructure business in the U.S. CDMA market.

In order to regain its market share, Motorola has been trying to slash expenses and develop new smartphones. Motorola launched Droid, Droid 2 and Droid X based on Google Inc.'s (Nasdaq: [ GOOG ]) Android 2.2 operating system offering Adobe Systems Incorporated's (Nasdaq: [ ADBE ]) Flash Player 10.1 software.

Motorola also introduced 22 new smartphones in the last quarter, namely, Bravo, Citrus, Defy, Droid Pro, Flipout, Flipside and Spice. All the devices are targeted at cost-conscious customers, with Droid Pro being the most prominent.

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: [ http://at.zacks.com/?id=5514 ].

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: [ http://at.zacks.com/?id=5516 ]

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at [ http://at.zacks.com/?id=4580 ].

Visit [ http://www.zacks.com/performance ] for information about the performance numbers displayed in this press release.

Follow us on Twitter: [ http://twitter.com/ZacksResearch ]

Join us on Facebook: [ http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts ]

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.