Apple (NASDAQ:AAPL) Snatches Top Mobile Phone Maker Title by Grabbing 34% Market Share in US – AAPL, RIMM, HPQ, LEAP, FLEX, AMX, BRCD, FIO, PCS,

The Cupertino, California-based Apple Inc (NASDAQ:AAPL), world’s most valuable company, surpassed South Korea-based Samsung Electronics Co to turn to the top mobile-phone manufacturer in the United States for the first time, marking a success in the companies’ battle for worldwide dominance of the mobile-gadget market.

Boston-based Research firm Strategy Analytics reported in a statement that Apple sold 17.7 million mobile gadgets in the United States during the fiscal fourth quarter, a 38% boost from previous year. That offered it 34% of the market, beating Samsung, which sold 16.8 million phones for a 32% market share.

Total shipments moved up 4% in the three months period to 52 million Smartphone’s.

The United States market is an iron grip for Apple as it faces increasing rivalry from Samsung and other Smartphone manufacturers using Google Inc’s (NASDAQ:GOOG) Android software.

Its competitors include Google Inc (NASDAQ:GOOG) that slipped -0.01% to $647.18 with the total traded volume of 3.44 million shares and Hewlett-Packard Company (NYSE:HPQ) that dropped -1.76% to $12.85 with the total traded volume of 35.00 million shares.

Other Technology stocks with bullish trend include Oracle Corporation (NASDAQ:ORCL) up +0.17% to $30.00, Windstream Corporation (NASDAQ:WIN) up +0.60% to $8.27 and Research In Motion Limited (USA) (NASDAQ:RIMM) up +4.66% to $9.20, whereas with bearish trend include Applied Materials, Inc. (NASDAQ:AMAT) down -1.46% to $10.15, Yahoo! Inc. (NASDAQ:YHOO) down -0.17% to $17.86 and Alcatel Lucent SA (ADR) (NYSE:ALU) down -2.91% to $1.00.

Apple Inc. (NASDAQ:AAPL) decrease -0.41% or -$1.87 to close the trading at $453.62 following it hit intraday high level of $459.48. The total traded volume in the previous trading session was 19.27 million shares as compared to average 20.50 million shares. Its fifty two week trading range was $435.00 – $705.07. The total market capitalization reached $425.98 billion.

The stock price was ahead its 52 week low price with +4.28% and it lagged behind -35.37% from its 52 week maximum mark. Stock price volatility for last month remained 2.35%. In its share capital, the company has 939.06 million outstanding shares out of which 938.78 million shares have been floated in the market. For now, stock ownership with company’s management remained 0.03%.

AAPL presented an optimistic weekly performance of +3.12% with respect to its rate of return and it remained -17.38% for the month. However, the performance for a quarter experienced a negative change of -23.45% and it surged +0.26% for a year and its year to date performance remained in red with -14.76%.

Current stock price is in the downbeat territory taking into account of 20 days moving average with -8.41% and continued negatively run for 50 days moving average with -13.72%. Its earning per share for the past twelve months was $44.10. Company’s beta coefficient was at 1.04. Beta measures the amount of market risk associated with market trade.

DO NOT TRADE ANY STOCK WITHOUT LEVEL 2 STOCK QUOTES! QuoteDaddy.com delivers it's user with the most in-depth Level 2 Quotation System available on the Planet! NO Downloads, NO Widgets, NO Plugins required! Stay on TOP of your trades with QuoteDaddy.com! CLICK HERE TO START YOUR FREE 30-DAY TRIAL

This entry was posted in Latest Headlines, Technology and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.