Cupertino, California-based technology giant Apple Inc. (NASDAQ:AAPL) is facing $840 million in claims in lawsuits related to the pricing of electronic books, Bloomberg reported. The tech giant is still battling oversight by a monitor appointed by the court in an antitrust case lodged by the US, the report said. Apple Inc. (NASDAQ:AAPL) stock opened at $495.18 in last session, and closed at $500.60, while the day range of AAPL stock is $493.55 – $501.5. The stock showed a negative weekly performance of -8.33%.
Two Chinese sites report Qualcomm Inc. (NASDAQ:QCOM) is working on an 8-core, 64-bit mobile processor (the Snapdragon 810) that would act as its new flagship. The cores are reportedly clocked at 2.5GHz. apiece, and to be accompanied by a next-gen GPU (the Adreno 430). QUALCOMM, Inc. (NASDAQ:QCOM) stock opened at $72.68, in last session and closed at $74.22, by gaining 1.31%. The 52 week range of QCOM is $59.02 – $75.90. Company’s market capitalization is $125.51billion.
Broadcom Corporation (NASDAQ:BRCM) reported modest declines in revenue but an uptick in profit in a quarter generally in line with expectations. Broadcom Corporation (NASDAQ:BRCM) stock advanced 1.88% and finished the last session at $29.76. The EPS of the stock remained 0.73. Company’s market capitalization is $16.90billion.
Advanced Micro Devices, Inc. (NYSE:AMD) is marred in conflicting analysts sentiments after the company posted downbeat earnings but announced development of ARM server processor chip a few days later. Advanced Micro Devices, Inc. (NYSE:AMD) stock opened the session at $3.45, and closed the session at $3.43. The 52 week range of the AMD stock remained $2.26 – $4.65 and the day range was $3.43 – $3.47.