SOURCE: The Bedford Report

The Bedford Report

October 22, 2010 09:46 ET

Smartphone Battle Just Getting Warmed Up

The Bedford Report Provides Analyst Research on Motorola & Nokia

NEW YORK, NY--(Marketwire - October 22, 2010) - With the ever-changing competitive landscape and prices being slashed from all corners, it is an exciting time to look at the trends in the highly competitive smartphone market. Apple's iPhone, Research in Motion's BlackBerry and Motorola's Droid have been the industry leaders over the last couple years, but Microsoft, HTC and Nokia all have exciting new products that could shake up the market. The Bedford Report examines the outlook for companies in the Communication Equipment Industry and provides research reports on Motorola, Inc. (NYSE: MOT) and Nokia Corporation (NYSE: NOK). Access to the full company reports can be found at:

Nokia is hoping to make a splash in the smartphone market with the "N8" which is powered by its own operating system, Symbian ^3. At the phone maker's third quarter earnings call this week, Nokia's CEO Stephen Elop admitted that the company will have to undergo difficult changes to catch up to rivals such as Apple, claiming Nokia faces "a remarkably disruptive time in the industry, with recent results demonstrating that we must reassess our role in and our approach to this industry." In the third quarter Nokia swung to a quarterly profit of EUR 529 million ($740 million) from a EUR 559 million loss a year earlier when the result was hit by heavy impairment charges. Third-quarter revenue rose 4.7% to EUR 10.27 billion.

The Bedford Report releases regular market updates on the Communication Equipment Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at and get exclusive access to our numerous analyst reports and industry newsletters.

Earlier this week, T-Mobile tweeted that the Motorola "Defy" has been dated for release on November 3, 2010. This mid-priced Android 2.1-powered phone seeks to fill a unique market segment that has yet to be tapped. The smartphone is dust, water, and scratch-resistant with a 3.7-inch display and sleek case, and claims to be highly resistant to any accidents that might be expected to damage a regular smartphone. This is just one of many products Motorola is developing as they seek to expand their market share; the company is expected to begin launching its "Droid Pro" Android device this November. 

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at

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