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Online Stock Market Trading By Sam Omatseye

Motorola Shop is the shop window for the complete range of Motorola handsets (it does not offer other manufacturers mobiles) with deals from the major network operators.

Stock Investing Course Nokia lowered its second quarter sales projections for handsets. The technology company said consumer behavior over SARS had impact.

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Nationwide has become the latest big high street name to lower its credit card charges, following an investigation by the Office of Fair Trading (OFT).

Journal Prime Rate Street Wall June, 2003 (RCRNews.com) Nokia Corp. (NYSE: NOK) has shown it is not immune to the multiple problems of SARS, the weak dollar and a soft market and projected its handset sales for the second quarter will fall either below or at the low end of expectations. The upside, though, is that the much-besieged infrastructure market witnessed a rise in fortune for the Finnish company."In mobile phones, second-quarter sales growth is expected to be positive but at the low end or below the guided range of 4 percent to 12 percent year on year, with sales growth slightly less for the Nokia Group," said the company, although the sales surpassed the first quarter.

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Stock Market News "Sales reflect continued economic weakness in Europe and the U.S., and the impact of SARS on consumer behavior, especially in China," said Nokia.

Stock Investing Basics The company said it will break even in its infrastructure division, excluding the projected restructuring charge of between $408.8 million and $467.2 million. But this does not detract from the essential weakness of the sector.

Stock Investing Software "Second-quarter sales at Nokia Networks are estimated to decrease by 0 to 5 percent year on year, as operators in all major regions continue to decrease their investments," said the vendor.

Stock Market Trading Analysts have said that Nokia will be hurt from the weakness of the dollar, especially in the Chinese market, because all its contracts are based on euros.Nokia's infrastructure news helped the stock fortunes of competitors Alcatel Corp. (NYSE: ALA) and L.M. Ericsson (NASDAQ: ERICY) as their share prices jumped early in the day. Nokia is the world's leader in handset sales, while Ericsson still takes the lead in the gear market.This article was published with the consent of RCRNews, a Crain Communications, Inc. publication.AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

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