On Mar 3, 2014 Apple Inc. (NASDAQ:AAPL) announced CarPlay, an iOS-based infotainment system for the car. It appears that CarPlay will be driven through a connection to the iPhone via Lightning Connector. We are trying to determine whether Cirrus Logic, Inc. (NASDAQ:CRUS) will have dollar content in each car. If so, this would be a significant incremental unit opportunity for Cirrus. Ferrari, Honda, Hyundai, Jaguar, Mercedes-Benz, and Volvo are all expected to ship models with CarPlay Cirrus Logic, Inc. (NASDAQ:CRUS) shares after opening at $19.50 moved to $19.93 on last trade day and at the end of the day closed at $19.52. Company price to sales ratio in past twelve months was calculated as 1.59 and price to cash ratio as 4.22. Cirrus Logic, Inc. (NASDAQ:CRUS) showed a positive weekly performance of 2.04%.
First Solar, Inc. (NASDAQ:FSLR) has underlined that the manufacturing cost for solar modules is going to fall substantially, even though natural gas prices continue to rise. First Solar CEO Jim Hughes said during ananalyst event that the company’s module costs will decline dramatically over the next five years.First Solar, Inc. (NASDAQ:FSLR) shares fell -1.59% in last trading session and ended the day on $68.64. FSLR return on equity ratio is recorded as 8.40% and its return on assets is 5.20%. First Solar, Inc. (NASDAQ:FSLR) yearly performance is 154.60%.
The JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) on Mar. 17 announced its unaudited financial results for its fourth quarter and fiscal year ended December 31, 2013. Net revenue in the fourth quarter of 2013 was RMB 2.2 billion ($357.3 million), an increase of 23.0% from RMB 1.8 billion ($290.5 million) in the third quarter of 2013, and an increase of 29.5% from RMB 1.7 billion ($275.9 million) in the fourth quarter of 2012. Earnings per diluted ADS in the fourth quarter of 2013 was RMB 1.92($0.32), compared with loss per diluted ADS of RMB 6.77 ($1.12) in the third quarter of 2013 and loss per diluted ADS of RMB 15.06 ($2.49) in the fourth quarter of 2012. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) shares moved up 1.92% in last trading session and was closed at $10.77, while trading in range of $9.91-$10.41. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) year to date performance is 9.81%.
Hanwha Solarone Co Ltd (NASDAQ:HSOL) new venture for solar production with the Wuxi New District Administrative Committee, opens new revenue doors for the floundering solar PV maker. The strategic plan will now allow Hanwha Solarone Co Ltd(NASDAQ:HSOL) to build, own and operate facilities spread across, the largely industrial district, solar energy to the tune of 100 MW. Besides, production the facilities will also explore distribution of the produced power back to the local grids. Hanwha Solarone Co Ltd (NASDAQ:HSOL) weekly performance is -18.75%. On last trading day company shares ended up $2.86. Hanwha Solarone Co Ltd (NASDAQ:HSOL) distance from 50-day simple moving average is -6.52%. Analysts mean target price for the company is $5.00.
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