Business magazine ‘Focus’ citing GfK research reports that Nokia Corporation (ADR) (NYSE:NOK) is on track to lose market share in Germany. The Finnish company is understood to have represented 12 percent of all mobile phones and smartphones sold in Germany between April and October, lower compared with 18 percent at the start of this year. Apple Inc. has surpassed Nokia to capture 15 percent of all handset and smartphone sales, lifted by the victory of the iPhone 5. This will have no impact on Samsung lead in the German market with a 48 percent share.
A quick look on Nokia (NOK)’s price history reveals beta used to measure the volatility or systematic risk in comparison to the market as a whole was 1.29 and the percentage change in the price over the past 52 weeks remained at +14.01%. The price range in those 52 weeks had a best score of $9.12 on Sep 21, 2012 while lowest level during that period was $6.80 on Jun 14, 2012.[article_detail_ad_1]
Alcatel Lucent SA (ADR) (NYSE:ALU) jumped on Friday after it confirmed multi-year financing commitments with Credit Suisse AG and Goldman Sachs Bank. The stock moved down -20.51% in this year and its price history showed most recently beta was at 2.02. Overall during the last 12 months, the percentage change in the price was -10.79%, hitting the highest of $2.66 on Feb 24, 2012 while lowest level in that period was $0.91 on Oct 11, 2012.
Gartner today said it expects QUALCOMM, Inc. (NASDAQ:QCOM) to show double-digit year-on-year growth for calendar 2012, a time when almost all of its competitors faced their sales decline and the market as a whole dipped.
QCOM shares rallied 11.13% so far in 2012. The stock most recently had a beta value at 1.27 and the percentage change in the price over the last fifty two weeks remained at 15.24%. The price range in that 1-year period had a best hit of $68.87 on Mar 27, 2012 while lowest level in the same period was $51.76 on De 19, 2011.
So far, the share price of Ciena Corporation (NASDAQ:CIEN) jumped 29.84% in this year and stock’s price history revealed that beta was maintained at 2.21 and the percentage change in the price over the last fifty two weeks remained as 51.35%. The stock declined on Friday after Oppenheimer downgraded CIEN to Market Perform.