Thursday, October 06, 2005

Weak initial demand for Rokr, says analyst, other Motorola products remain strong. "Initial shipments of Motorola Inc.'s long-anticipated iTunes-capable phone appear somewhat sluggish, according to a recent analyst report from Piper Jaffray. The firm said its recent store checks show that some locations are recording strong sales of the device, but the majority see only weak demand for the Rokr.
'Our checks indicated mixed to negative reviews of the much-anticipated Rokr phone, with some stores indicating strong early sales, but more indicating disappointment in the product,' wrote Piper Jaffray analyst T. Michael Walkley in a note to investors. The firm makes a market in Motorola securities."

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