Yahoo Inc’s Chief Executive Marissa Mayer is working on a plan to persuade Apple Inc. (NASDAQ:AAPL) to ditch Google as its default search engine in favour of Yahoo, technology news site Re/code reported, citing sources within Yahoo. Apple Inc. (NASDAQ:AAPL) shares after opening at $520.00 moved to $527.76 on last trade day and at the end of the day closed at $524.94. Company price to sales ratio in past twelve months was calculated as 2.69 and price to cash ratio as 11.50. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 0.28%.
Sony Corp. (NYSE: SNE), desperate for any success to help turn around its faltering prospects, announced some good news. Sales of its PlayStation 4 (PS4) have topped 7 million. It reached the milestone on April 6, according to the company. Sony Corp (ADR) (NYSE:SNE) shares fell -0.37% in last trading session and ended the day on $18.71. SNE return on equity ratio is recorded as 4.60% and its return on assets is 0.70%. Sony Corp (ADR) (NYSE:SNE) yearly performance is 15.64%.
Few companies, let alone technology companies, endure as long as International Business Machines Corp. (NYSE:IBM) already has. Of late, the 102-year-old company has been posting declining revenues quarter after quarter and the results for the latest quarter were no exception. International Business Machines Corp. (NYSE:IBM) shares moved down -3.25% in last trading session and was closed at $190.01, while trading in range of $187.01-$190.70. International Business Machines Corp. (NYSE:IBM) year to date performance is 1.85%.
Broadcom Corporation (NASDAQ:BRCM) has come up with a silicon chip that is touted to be a perfect component of smart watches by making the GPS unit very power efficient. Not just that, it also promises high on accuracy of the smart watches. This chip is a nothing short of a stupendous innovation. The best part is it is going to be pocket friendly, in fact, it costs lesser than the existing technology. Broadcom Corporation (NASDAQ:BRCM) weekly performance is -0.76%. On last trading day company shares ended up $30.10. Broadcom Corporation (NASDAQ:BRCM) distance from 50-day simple moving average is -1.58%. Analysts mean target price for the company is $32.31.
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