Falling Razr

Is the handset market beginning to put out black smoke? For several years sales of mobile phones skyrocketed as increasing volumes outweighed falling prices. There should be more than 900m sold this year alone. But Motorola’s third quarter results might be one of the first signs of trouble ahead. Sure, handset sales are still growing at the Chicago giant. Motorola is still stripping market share from smaller competitors. Yet prices are dropping quickly. In the past three months, the average pri...