Motorola and Nokia Financial Analysis

For the financial analysis, I selected Motorola and Nokia. The two companies control a ultimate share of the cellular handset market. Successful competition in the cellular equipment industry requires companies that can plan for change, identify their world- huge position, and recognize trends in their financial results and in the tastes of their customers. Company Overviews Motorola, founded in 1928, was in the beginning known as Galvin Manufacturing Corporation, after its turn over Paul V. Galvin (Motorola, 2004). The ships companys firstborn product was a battery eliminator and has proven for over 75 years that it is a global drawing card in tuner and broad passel technologies. In the 1930s, Paul Galvin created the Motorola crisscross name for the companys mod car radio. The name linked the discussion motor with the affix ola, meaning sound (Motorola, 2004). After its initial public offer in 1943, Galvin Manufacturing Corporation was renamed Motorola, Inc. in 1 947. The company currently holds the largest market share among handset manufacturers in the fall in States and China, but lags with only when six percent of the market in Europe (Rose, 2003). In addition to mobile phone handsets, Motorola in addition manufactures a wide range of licensed and unlicensed band wireless radios for mapping with data, law enforcement and emergency services communication.

Nokia, named for a small liquidation on the river Emäkoski in southerly Finland where it was founded, began as a wood pulp mill in 1865. The company, originally the Finnish Rubber works, began using the Nokia brand in the 1920s. The company spread out into electronics with the purcha se of Finnish line of descent Works after ! cosmea War II horde up the demand for advocator transmission and telecommunications networks. The Cable Works division formally realised an electronics division in 1960. The contemporaneous Nokia was formed in 1967 when the dampen divisions combined to form a single public company, If you compliments to get a encompassing essay, order it on our website: OrderEssay.net

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