A new report from Morgan Stanley supports previous reports that claim Apple Inc (NASDAQ:AAPL) will add NFC to the iPhone 6 to be used with its upcoming iWallet mobile payments system. Android, BlackBerry, and Windows Phone smartphones have been released with a popular hardware feature Apple has left out of its smartphones for years. The company has been rumored for years to include the feature in its latest smartphone, but those rumors remain just that. Apple is reportedly getting ready to embrace NFC for the first time and the company will use it as part of its rumored iWallet mobile payments system. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is 1.84%. On last trading day company shares ended up $604.71. Analysts mean target price for the company is $626.93. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 9.96%.
Microsoft has just announced that the Nokia Corporation (ADR) (NYSE:NOK) Lumia 630 is coming to the UK – in just nine days time. The phone, which is very much an entry level device, is the cheapest Windows phone available with prices starting at £89.95. Nokia Corporation (ADR) (NYSE:NOK) shares advanced 0.28% in last trading session and ended the day on $7.25. Gross Margin is 42.10 % and its return on assets is -4.50%. Nokia Corporation (ADR) (NYSE:NOK) quarterly performance is -0.28%.
The Home Depot, Inc. (NYSE:HD)’s fiscal first-quarter net income climbed 12 percent, helped by better sales, but results fell short of expectations as a cold and rainy spring hurt results. The company said May sales were “robust” and the No. 1 home improvement retailer raised its full-year earnings forecast. Shares rose almost 2 percent in morning trading. Home Depot now foresees fiscal 2014 earnings of $4.42 per share. Its prior guidance was for earnings of $4.38 per share. Analysts expect full-year earnings of $4.41 per share. The Home Depot, Inc. (NYSE:HD) shares moved up 1.91% in last trading session and was closed at $77.96, while trading in range of $77.40 – $78.82. The Home Depot, Inc. (NYSE:HD) year to date (YTD) performance is -4.78%.
Google Inc (NASDAQ:GOOG) is amassing cash overseas to help finance a foreign shopping spree that could cost the Internet company up to $30 billion. The potential price tag for Google’s expansion plans outside the U.S. surfaced Tuesday in documents disclosing the company’s response to recent questions raised by the Securities and Exchange Commission. Google Inc (NASDAQ:GOOG) ended the last trading day at $529.77. Company weekly volatility is calculated as 1.72%. Google Inc (NASDAQ:GOOG) showed a negative weekly performance of -0.62%.
TENCENT HOLDINGS ADR (OTCMKTS:TCEHY) an Internet conglomerate that challenges Alibaba on almost every front, recently acquired a 15 percent stake in JD. That deal will help JD gain access to hundreds of millions of users via Tencent’s mobile messaging apps WeChat and QQ, an area that’s Alibaba’s Achilles’ heel. TENCENT HOLDINGS ADR (OTCMKTS:TCEHY) On last trading day company shares ended up $14.44.
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