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By Sam Omatseye

Online Stock Market Trading Two different surveys of the handset market show growth in handset demand, but declines in market share of the Finnish vendor in the third quarter of this year.Visit our AXcess News Forum and add your comments on this story. Try your hand at writing, the best story will be published on our news network. Take our technology poll too!

time tax gain, JC Penney's would have earned $1.71 per share. Clothing pundits on Wall Street estimated that the department store chain would earn $1.63. store sales, or sales at stores opened at least a year, rose 2.6 percent, its strongest indicator of retail strength. The stronger results for JC Penney's led to a dividend increase of 44 percent, plus the board allocated an additional $750 million to its share buyback program.

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Stock Market Game Dec 8, 2003 (RCRNews) It's good news to the industry, but not so good for market leader Nokia Corp. (NYSE: NOK)Two different surveys of the handset market show growth in handset demand, but declines in market share of the Finnish vendor in the third quarter of this year.Both Gartner Inc. and Strategy Analytics said other top-tier handset makers are hot on Nokia's trail. Those suppliers include Siemens AG (NYSE: SI), Samsung Electronics (OTC: SSNGY) and LG Electronics (OTC: LGEAF), which nudged Sony Ericsson (NASDAQ: ERICY) from the fifth position.

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Stock Investing Game "The competition among the top-tier vendors is heating up, and industry leader Nokia's market share decreased in the third quarter ..." said Gartner.

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Journal Prime Rate Street Wall The Gartner report focused on worldwide handset sales, while Strategy Analytics' report targeted Western Europe.In Western Europe, Siemens lapped up a greater share than the second quarter, with 17 percent of total volume for the third quarter, "gaining share from Nokia, Motorola and Alcatel, among others," noted Strategy Analytics.

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Stock Market News The picture is generally upbeat for the year. "The mobile terminals market is exhibiting extraordinarily strong growth in 2003, and we believe it could reach half a billion units this year," said Ben Wood, principal analyst with the mobile communications group for Gartner in Europe.

Stock Investing Basics Gartner said worldwide phone sales totaled 132.8 million units, a 22-percent rise from the same period last year."The market is growing on two fronts," remarked Woods. "We've hit a sweet spot for replacement sales in mature markets, while emerging markets such as Asia/Pacific and Eastern Europe continue to sign up new subscribers at a phenomenal pace."

Stock Investing Software Both reports said demand for color mobile terminals are on the rise, but Strategy Analytics said the bulk of demand still resides with the low-cost phones.According to Gartner, Nokia still leads the market with 35.5 percent market share, Motorola is second with 15.8 percent, Samsung is third with 10.5 percent, and Siemens is fourth with 7.4 percent.

Stock Market Trading 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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