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Sector Snap: most handset stocks rise, RIM jumps



By AP
12 May 2008 @ 01:35 pm EST

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Quotes
RIMM 55.28 -3.75
PALM 5.37 0.74
AAPL 96.8 8.06
MOT 4.68 0.12
NOK 15.73 -0.47

SYMBOL LOOKUP

"Given the channels are running dry of the current models (8 gigabytes and 16 gigabytes), the limited availability is one of several indications that the release of a new model is imminent," he said.

Many analysts expect such a release in the near future.

Elsewhere in the sector, shares of Motorola Inc. rose 4 cents to $9.80 while rival handset maker Nokia Corp.'s American Depositary shares fell 12 cents to $28.55.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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