Motorola sees weak profit in 3rd quarter
Article Abstract:
Motorola is reporting unexpectedly low quarterly financial results for the third time in 1996. Third quarter results will be at least 25 percent lower than the previous quarter, which was 32 percent below last year's same period. Third quarter per-share earnings will be 35 cents to 38 cents per share, instead of the 50 cents expected by analysts. Motorola stock paid 81 cents per share on net income of $496 million in 3rd qtr 1995. The stock market has taken the latest news comparatively calmly, but high-technology stocks have been depressed since several major companies announced unexpectedly low financial results. Motorola's stock dropped $1.375 to $49.25 on the news. The company's share of the international cellular-phone market has dropped to 37 percent from its 50 percent share in 1994. Motorola does not have an edge in the world market for digital cellular phones, primarily because Europe has established a digital phone standard and sales there are 10 times those in the US.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1996
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Blending math and music to make PCs sound better
Article Abstract:
Audio chips that deliver surround sound for PCs are being developed, and may help turn the PC into an all-in-one entertainment center, helping PC makers break into the all-important consumer electronics market. Aureal Semiconductor has developed audio chip enhancements that it will license to Diamond Multimedia, U.S. Robotics, and Rockwell International. VLSI Technologies has also developed rival audio chip technology. 3-D sound technology is tested with the help of blind people with acute hearing. Soundwaves are measured as they enter the ear, and then mathematicians develop formulas to replicate them. Chip makers see PC sound technology as on track to surpass home-theater sound systems. Creative Technology's SoundBlaster card, which delivered a audio standard for PCs, and Microsoft's addition of 3-D audio chip support in Windows 95. Improvements in sound may help overall digital video quality as well; viewers often report improved graphics quality when sound is enhanced.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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Location, location, location: satellite networks help business and individuals answer a key question: Where am I?
Article Abstract:
The Global Positioning System (GPS), a Cold War-era satellite-based network constructed by the Defense Department, is now being used by civilians in innovative ways. GPS satellites bounce radio signals off the Earth, to calculate precise locations. GPS technology can easily be adapted for purposes such as tracking the whereabouts of delivery trucks, and pilots can use it to guide airplanes along direct courses or to avoid bad weather. Civilian GPS is only accurate to within 100 meters because of a scrambling requirement imposed by government security officials, but the accuracy is sufficient for many purposes. Government agencies are also using GPS services. For example, the National Oceanic and Atmospheric Administration (NOAA) uses it to track movements of sea turtles.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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Comment about this article or add new information about this topic:
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