Samsung and Docomo are teaming up to develop Tizen, an open source OS that many believes is expected to cut into the 90% market share led by Google (NASDAQ:GOOG) and Apple Inc. (NASDAQ:AAPL). The Yomiuri Shimbun reports the handsets will reach the market by next year. DoCoMo, Japan’s largest mobile communication company, is the only firm among the country’s three best mobile operators that does not sell iPhones, which has led it to cut a considerable number of subscribers over the last four years.
The report claims that the Tizen-equipped smartphones are set to arrive in Japan and other countries across the globe at the same time. The Next Web believes that one possible platform for the launch of devices is the Mobile World Congress in February, though Samsung’s focus on the Galaxy S4 suggests that first look dates are harder to predict. The Korean company is spreading its OS products: it also unveils a plan to release Window Phone devices around the same time Tizen smartphones are projected to make their debut.[article_detail_ad_1]
Apple (AAPL) traded down on Friday but is on track to end the year up over 20%.
The GOOG stock price and market worth
Google stock traded down -0.89% during last trading session, completing the business day at $700.01. The share price of GOOG traded Friday at minimum $700.0 and marked $706.91 as an intraday high. The company now has a market value of $230.02 billion.
Also, see its Short-term price outlook
The stock, after recent close, is 1.69% up their SMA 50 and 9.60% off the 52-week high. The worst hit in its 52 week range is $556.52 per share, with $774.38 as its 52 week best price that compares with a latest closing price of $700.01. Its latest closing price has a distance of -0.35% from SMA20 and is 7.70% up than SMA200.
Easy-to-read past performance data
With recent gain, the year-to-date (YTD) performance reflected a8.38% gain above last year. During the past month the stock advanced 2.39%, bringing three-month performance to -7.09% and six-month performance to +22.96%.
Stock Beta and Volatility
For this company, beta value at 1.08 represents it is more volatile to the shift in the market. If we take a look on its volatility, 1.24% was seen in a week and for the month it was 1.59%.
Analysts’ opinion
For the stock, mean recommendation this week is 2.0. Sharing price target summary; nearly 34 brokerages have a mean PT as $798.94 and median PT of $800.00 while the highest price target set by those rating agencies was $910.00 and lowest PT was $675.00.
Leave a Reply