Apple Inc. (NASDAQ:AAPL) is expected to release its much anticipated and well rumored smartphone, iPhone 6, this year in September. Japan Business Times reported that the Cupertino giant is ordering high resolutions display—Retina 2, from Sharp, Japan Display and South Korea’s LG Display. Apple Inc. (NASDAQ:AAPL) shares after opening at $ 538.32 moved to $538.94 on last trade day and at the end of the day closed at $536.86. Company price to sales ratio in past twelve months was calculated as 2.76 and price to cash ratio as 11.82. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 0.75%.
Google Inc. (NASDAQ:GOOG) co-founders Sergey Brin and Larry Page lost a combined $3 billion as the world’s largest Internet search engine prepares to issue 330 million nonvoting C Class shares next week to cement the founders’ control of the company. Google Inc (NASDAQ:GOOG) shares moved up 0.53% in last trading session and was closed at $1,120.15 while trading in range of $1,117.77 – $1,133.19 – Google Inc (NASDAQ:GOOG) year to date (YTD) performance is -0.05%.
Nokia Corporation (ADR) (NYSE:NOK) is expected to release the Lumia 630 at the Microsoft’s BUILD Conference 2014, where Microsoft would also be sharing details of the upcoming Windows Phone 8.1. A few days ago it was reported that Nokia would call its new Windows 8.1 update as ‘Blue’ update. Nokia Corporation (ADR) (NYSE:NOK) weekly performance is 2.37%. On last trading day company shares ended up $7.34. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is -0.97%. Analysts mean target price for the company is $8.01.
Leave a Reply