September 29, 2003

Motorola counters report of phonecam delays, halts stock slide

Motorola, its shares temporarily jolted by a report of U.S. camera-phone shipping delays, insisted Friday it is well-positioned for the holiday season thanks partly to a dozen new camera phones being introduced worldwide, reports USA Today.

The WSJ reported on Friday that Motorola would miss delivering its first camera phones in the U.S. in time for the Christmas season, making the stock drop.

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