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Since our price estimate for Motorola Mobility stock is well below market price, we examine here a potential upside scenario for the company. In the past, Motorola has faced stiff competition from Apple ( AAPL), Research in Motion ( RIMM) and Nokia ( NOK) in the mobile phone market, causing its market share to decline from 22% in 2006 to around 4.5% in 2009. We estimate this number declined further to 2.4% at year end 2010. These are not good signs for Motorola, which has tried to change its fortunes by introducing a flurry of smartphones in 2009 and 2010. The iPhone launch on Verizon's network, which will start selling on February 10th, could be another problem for Motorola. Aside from putting further pressure on Motorola's market share, the development could also force the company to increase marketing expenses to compete. We project the company's market share will continue to decline to around 1.5% by the end of our forecast period. However, if Motorola could withstand these competitive pressures and maintain its market share at 2010 levels of around 2.4%, there could be an upside of around 25% to our price estimate for Motorola Mobility stock. To achieve this upside, Motorola Mobility will have to sell more mobile phones than projected in our base estimate. As Motorola has increased focus on smartphones, potentially higher smartphone sales could also prompt upside in average pricing and, consequently, gross margins. In addition to the market share scenario described above, if Motorola manages to increase its average phone pricing to $300 by the end of our forecast period (vs. our base projection of $227) and gross margins increases to 38% (vs. our 30% estimate) our price estimate for Motorola Mobility stock will approach the current market price. You can see the complete $19.32 Trefis Price estimate for Motorola Mobility stock here. You can see the complete $33.33 Trefis Price estimate for Motorola Solutions stock here.