Apple Inc. (NASDAQ:AAPL) reported on Thursday that it was using its expertise to enhance users’ familiarity with its latest mapping product, following the firm eliminated rival’s Google Inc.’s maps technology with its personal product in the light of Apple’s iOS 6 OS update.
Experts have claimed that Apple’s (AAPL) maps application is short of many features users are familiar to, like public-transit information and street-level photos. Though, the app, which the firm developed, arrives with free voice-driven, turn-by-turn navigation, turning it work like a GPS machine.
Its competitors include Research In Motion Limited (USA) (NASDAQ:RIMM) that slipped -5.87% to $6.50 with the total traded volume of 29.46 million shares and Google Inc (NASDAQ:GOOG) that increased +0.74% to $733.47 with the total traded volume of 2.45 million shares.
Other Technology stocks with bullish trend include Flextronics International Ltd. (NASDAQ:FLEX) up 2.03% to $6.30, Groupon Inc (NASDAQ:GRPN) up +2.72% to $5.29 and Marvell Technology Group Ltd. (NASDAQ:MRVL) down -0.85% to $9.93, whereas with bearish trend include Yahoo! Inc.(NASDAQ:YHOO) down -0.38% to $15.73, Micron Technology, Inc. (NASDAQ:MU) down -0.70% to $6.41 and Symantec Corporation(NASDAQ:SYMC) down -1.22% to $18.66.
Apple Inc. (NASDAQ:AAPL) stock in current session held volume of 10.78 million shares as compare to its average volume of 14.45 million shares. The stock after opening at $702.41 hit high price of $705.07 and then trading at $703.76 by scoring +0.72%.
As the revenue measures AAPL generated revenue of 148.81 billion in the following twelve months income of $40.13 billion. The Company showed a positive +26.97% in the net profit margin and in addition to in its operating margin which remained +35.62%. Company’s annual sales growth for the past five year was 41.16%.
The stock showed weekly upbeat performance of +2.30% which was maintained for the month at +6.50%. Likewise the positive performance for the quarter was recorded as +21.47% and for the year was +70.26% while the YTD performance remained at +73.26%.
The AAPL past twelve months price to sales ratio was 4.40 and price to cash ratio remained 23.68. As far as the returns are concern, the AAPL return on equity was recorded as +44.32% and increased +38.27% return on investment while its return on asset stayed at +29.77%.
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