The Goldman analyst notes that there have been a plethora of negative data points on the handset sector in recent weeks, including negative pre announcements from Research In Motion, HTC and Nokia, and weaker shipment targets at Huawei and ZTE. Samsung, she adds, is tracking "in line at best for the quarter."
Janakowsi trimmed her handset unit forecasts for China, Western Europe, Brazil and the rest of Latin America, cutting smartphone expectations for both North America and Western Europe.
The major mobile phones stocks are getting battered in trading Monday morning: