13 Quotes by Marc Cabi

Handsets continue to plague Ericsson. A manufacturing plant fire at a key LCD supplier for Ericsson's high-end handsets limited revenue growth and severely impacted profitability ... We anticipate a further weakening situation in September before incremental improvement in the December quarter.

We expect a potentially heavy impact on Qualcomm, especially for second quarter results. We estimate that Qualcomm would have derived more than 25 percent of its revenue from Korea this year. We remain cautious on Qualcomm shares.

We believe the slow market conditions and maturity of this market can continue to limit upside and put pressure on high-end estimates.

We believe there is upside to our estimates due to strong execution, overall strength in the devices segment and a relatively strong holiday selling season.

We believe the new company should be a core portfolio holding for investors seeking participation in the proliferation of the mobile Internet.

We believe the company should also see a boost in interest income now that the handset and infrastructure businesses are divested.

We believe the announcement shows further evidence that Motorola's General Instrument acquisition is paying dividends. We have confidence that the company can deliver 20 percent growth in the segment through 2001.

Total net subscriber additions for the Korean market declined from 550,000 and 417,000 in October and November, respectively, to 164,000 in December. The slowdown was caused in part by a government investigation of illegal handset subsidy payments allegedly paid by carriers in previous months.

During our visit with companies in Korea, each company acknowledged that June revenues for handsets dropped drastically, although they did not agree with the degree to which it dropped.