Mobile phone industry which saw an increase of 8% in total shipments for year 2013 is one of the most competitive growing industries in the world. The industry is still in a dynamic phase with new entrants increasing the competition globally. Nokia Corporation (ADR) (NYSE:NOK), once a world leader in the mobile phone industry was on a verge of bankruptcy last year where as Lenovo Group Limited (HKG:0992) increased its market share to become the third largest player in the industry for the first time. Smartphones shipments in 2013 increased by 35% and are expected to rise at similar pace in coming years. According to a report by Gartner Inc (NYSE:IT), in terms of number of units shipped Nokia still stands at second position globally with a market share of 13.9% for year 2013 which was 19.1% in year 2012.Nokia Corporation (ADR) (NYSE:NOK) shares after opening at $7.62 moved to $7.66 on last trade day and at the end of the day closed at $7.63. Company price to sales ratio in past twelve months was calculated as 0.83 and price to cash ratio as 3.83. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 4.38%.
At a developers’ event, Intel Corporation (NASDAQ:INTC) announced that it is planning to set up a center for innovation in China. It also announced its plan to fund $100 million to accelerate development of new devices which could deploy its chips.The Silicon Valley company is repeating its trend of drawing in profits and generate revenue from processors in new marketplaces. It has already channeled more than around $670 million into as many as 110 companies in China gaining from the two investment funds it had established previously.Intel Corporation (NASDAQ:INTC) shares fell -0.38% in last trading session and ended the day on $25.89. INTC return on equity ratio is recorded as 17.60% and its return on assets is 10.90%. Intel Corporation (NASDAQ:INTC) yearly performance is 27.73%.
A year-and-a-half after the grand, but until now still flawed, launch of Windows 8 in October 2012, new CEOSatya Nadella will have a chance at Microsoft Corporation (NASDAQ:MSFT) BUILD in San Francisco to lay out his revised vision for Windows. We expect an ambitious, but at the same time dramatically modified, approach in which Windows enables Microsoft applications and services, but remains one of many operating systems and platforms on which those services are delivered. With the reprioritizing of applications like Office and services like Azure for non-Windows environments, and with speculation regarding OEM price reductions or even free OEM versions of Windows client, Microsoft Corporation (NASDAQ:MSFT) appears to be shifting away from a corporate strategy of first and foremost monetizing Windows versus monetizing those applications and services across platforms. Microsoft Corporation (NASDAQ:MSFT) shares moved down -0.17% in last trading session and was closed at $41.35, while trading in range of $41.17-$41.66. Microsoft Corporation (NASDAQ:MSFT) year to date performance is 11.37%.
The new open platform and application vision from Cisco (NASDAQ:CSCO) for Safety and Security will help organizations across industries create customized applications to fit unique user needs. Cisco is expanding its open IP Cameras platform to include edge based storage and application development. Developers can also embed instant connect push-to-talk for mobile technology.Cisco Systems, Inc. (NASDAQ:CSCO) weekly performance is 3.89%. On last trading day company shares ended up $22.99. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 50-day simple moving average is 5.06%. Analysts mean target price for the company is $23.71.
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