Apple Inc. (NASDAQ:AAPL)’s releases have always gathered attention for the past 15 years. Despite the long list of products, analysts and Apple’s executive say that the company has to launch “the best product pipeline” yet. Apple Senior Vice President Eddy Cue shared: “We want to do a few really incredible things.” Given the list of upcoming produces and services from the company’s Worldwide Developers Conference, it appears Apple wants to turn 2014 into its biggest year yet. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is 3.48%. On last trading day company shares ended up $94.25. Analysts mean target price for the company is $642.17. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 14.23%.
Sony Corp (ADR) (NYSE:SNE) goes head-to-head with Microsoft as the tech giant reveals its own TV streaming hardware at its conference show at the Electronic Entertainment Expo. or E3, Daily Mail UK reports. Sony introduced the new Playstation TV – a tiny black box with a retail price of $99 that can be hooked up to a TV where television shows and movies can be streamed and games can be played. Sony Corp (ADR) (NYSE:SNE) shares fell -0.74% in last trading session and ended the day on $16.18. Gross Margin is 33.80% and its return on assets is -0.80%. Sony Corp (ADR) (NYSE:SNE) quarterly performance is -9.36%.
On May 21, Harman International Industries, Inc./DE/ (NYSE:HAR) the premier infotainment and audio group, announced it has signed an agreement with The Duchossois Group, Inc. and its affiliates to acquire AMX LLC for US$365 million. AMX is the leading provider of enterprise control and automation systems and audio and video switching and distributing solutions. The transaction is subject to customary closing conditions, including applicable regulatory approvals. Harman International Industries Inc./DE/ (NYSE:HAR) shares moved up 0.27% in last trading session and was closed at $107.29 , while trading in range of $106.31 – $107.41. Harman International Industries Inc./DE/ (NYSE:HAR) year to date (YTD) performance is 31.85%.
Oculus VR, the virtual headset company acquired by Facebook Inc (NASDAQ:FB) for $2 billion, has hired Jason Rubin as its game studio chief for Oculus VR. Rubin is known as the co-creator of the Crash Bandicoot franchise and the former president of THQ. Rubin’s title will be the head of worldwide studios at Oculus VR. Rubin will be leading a new division at Oculus that focuses on first-party content initiatives across multiple regions. Facebook Inc (NASDAQ:FB) ended the last trading day at $65.77. Company weekly volatility is calculated as 2.64% and price to cash ratio as 13.37. Facebook Inc (NASDAQ:FB) showed a positive weekly performance of 4.61%.
Universal Electronics Inc (NASDAQ:UEIC) EVP David Cheung Hyen Chong sold 7,553 shares of the stock on the open market in a transaction dated Monday, June 9th. The shares were sold at an average price of $46.13, for a total value of $348,419.89. Following the sale, the executive vice president now directly owns 6,980 shares in the company, valued at approximately $321,987. Universal Electronics Inc (NASDAQ:UEIC) net profit margin is 4.50% and weekly performance is 6.56%. On last trading day company shares ended up $46.48. Analysts mean target price for the company is $46.46. Universal Electronics Inc (NASDAQ:UEIC) distance from 50-day simple moving average (SMA50) is 17.69%.