Apple Inc. (NASDAQ:AAPL) will plummet from its perch atop the corporate world and won’t even be a top-three technology company in six years, elite venture capitalist Fred Wilson said Monday. Apple Inc. (NASDAQ:AAPL) shares after opening at $590.14 moved to $601.00 on last trade day and at the end of the day closed at $600.96 . Company price to sales ratio in past twelve months was calculated as 2.94 and price to cash ratio as 12.52. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 1.16%.
Intel Corporation (NASDAQ:INTC) now commands a higher average prices for chips for server systems, $629 in the first quarter this year, compared to $429 in first quarter 2007. This marks a 47% increase in its price, according to Mercury Research. Given lower sales due to the declining PC market, Intel has adopted a power pricing strategy to compensate for the drop, says a report from the Wall Street Journal. Intel Corporation (NASDAQ:INTC) shares fell -0.06% in last trading session and ended the day on $26.17. INTC return on equity ratio is recorded as 16.90% and its return on assets is 10.50%. Intel Corporation (NASDAQ:INTC) yearly performance is 13.34%.
Sprint Corporation (NYSE:S) is introducing a cheaper plan for customers in the pay-as-you-go market, squaring off against T-Mobile US Inc. (TMUS), the leading price discounter that it hopes to acquire. Sprint Corporation (NYSE:S) shares moved up 0.69% in last trading session and was closed at $ 8.76 while trading in range of $8.50 – $8.80 – Sprint Corporation (NYSE:S) year to date (YTD) performance is -18.51%.
Qualcomm Incorporated (NASDAQ:QCOM) announced the election of Harish Manwani to its Board of Directors. Manwani brings more than 35 years of consumer product and global management experience, and currently serves as the Chief Operating Officer at Unilever PLC. QUALCOMM, Inc. (NASDAQ:QCOM) weekly performance is 1.93%. On last trading day company shares ended up $79.56. QUALCOMM, Inc. (NASDAQ:QCOM) distance from 50-day simple moving average (SMA50) is 2.17%. Analysts mean target price for the company is $84.84.
Walgreen Company (NYSE:WAG) on Monday reported that April 2014 sales hit $6.49 billion, up 8.8 percent from $5.96 billion in April 2013. Total front-end stores grew 8.8 percent compared with the same month last year. Comparable store front-end sales grew 8.2 percent. Walgreen Company (NYSE:WAG) shares after opening at $68.70 moved to $70.00 on last trade day and at the end of the day closed at $69.85 . Company price to sales ratio in past twelve months was calculated as 0.90 and price to cash ratio as 37.51. Walgreen Company (NYSE:WAG) showed a positive weekly performance of 3.56%.
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