Apple Inc. (NASDAQ:AAPL) has been filing and earning patents for the past few weeks giving people a peak on what to expect on its next product releases. The US Patent and Trademark Office released 46 newly granted patents to the company last April 8. According to the patents, Apple has been working on new slide-to-unlock and push-to-talk technologies. Apple Inc. (NASDAQ:AAPL) shares after opening at $518.05 moved to $521.09 on last trade day and at the end of the day closed at $519.01. Company price to sales ratio in past twelve months was calculated as 2.66 and price to cash ratio as 11.37. Apple Inc. (NASDAQ:AAPL) showed a negative weekly performance of -2.13%.
Google Inc. (NASDAQ:GOOG) isn’t immune to setbacks caused by the global shift to mobile computing. Costs are rising and Google said yesterday that revenue, excluding sales passed on to partners, was $12.2 billion in the first quarter, another stumble as the company missed a projection by analysts for $12.3 billion, according to data (GOOGL:US) compiled by Bloomberg. Google Inc. (NASDAQ:GOOG) shares advanced 3.75% in last trading session and ended the day on $556.54.
Yahoo! Inc. (NASDAQ:YHOO) is planning on getting Apple to replace Google with Yahoo as its default search engine on iOS. According to reports, Yahoo is working on two internal projects to optimize its mobile search and monetization in order to convince Apple to make Yahoo as its default search engine on iOS. Yahoo! Inc. (NASDAQ:YHOO) shares moved up 6.26% in last trading session and was closed at $36.35, while trading in range of $35.81 – $37.30. Yahoo! Inc. (NASDAQ:YHOO) year to date (YTD) performance is -10.11%.
SanDisk (NASDAQ:SNDK) posted its quarterly earnings results on Wednesday. The company reported $1.44 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.25 by $0.19, Stock Ratings News reports. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.49 billion. SanDisk Corporation (NASDAQ:SNDK) weekly performance is -3.57%. On last trading day company shares ended up $75.85. SanDisk Corporation (NASDAQ:SNDK) distance from 50-day simple moving average (SMA50) is -0.38%. Analysts mean target price for the company is $81.93.
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