Apple Inc., a name of class and innovation in US and abroad, has been under huge criticism after launch of its latest iteration of flagship iPhone, ‘iPhone5’.
Soon after launching the major issue came up was with its Mapping app, which even forced Tim Cook to apologize the world for service blunder. But in recent news on Monday, Home Depot (HD) declared that it wants to substitute thousands of Blackberry (BBRY) smartphones for its managerial and corporate workers with Apple Inc.’s (NASDAQ:AAPL) iPhone 4S, according to Apple Insider.
A firm spokesperson guaranteed that to Apple Insider that the firm would put out almost 10,000 Blackberry smartphones, but would not yet change the 60,000 Motorola smartphones used by store workers.
Definitely a pessimistic move for BlackBerry (BBRY), which is engaged in battling to regain its lost position in smartphone segment.
Apple Inc.’s (NASDAQ:AAPL) shares are up +1.75% to $483.17 while the stock is trading within the range of $473.25 – $484.94 in the current trading session. In the last 12 months the shares have traded between $435.00 and $705.07. The average daily trading volume is 9.45 million shares.
After recent earnings call, Royal Philips Electronics (NYSE:PHG)reported on Monday that it informed the Netherlands Authority for the Financial Markets that it possesses 5% of its personal shares.
The 5% holding includes shares that have been purchased for cancellation motives under Philips’ present 2 billion euro ($2.67 billion) share-buyback plan and stock that are kept to fulfill the obligations stemming from Philips’ current long-term incentive and employee stock buying programs.
Another rival company Koninklijke Philips Electronics NV (ADR) (NYSE:PHG) trading up +0.10% to $30.48. Intraday trading recorded the stock price in a range of $30.20 to $30.48. In the previous 52 weeks the stock’s price ranged between $17.16 and $31.95. The current session’s volume of 134,056.00 shares was lower from their average daily trading volume of 794,081.00 shares.
The stock which is under the spotlight with its fourth quarter earnings call is Tesla Motors (NASDAQ:TSLA). The electric car maker had previously estimated annual revenue in between $560-600 million at the beginning of 2012, but later adjusted it downward to $400-440 million mainly because of a postpone in the ramp up of Model S production.
All eyes will be focused at Tesla’s Model S, the car which has gained much of attention and constructive remarks by experts.
Tesla Motors (NASDAQ:TSLA) shares in the current session moved down -3.40% reaching $37.90. The stocks are trading in a range of $37.50 – $38.57. In the last year the stock has moved within a range of $25.52 – $40.00. The Company’s average daily trading volume is 1.03 million shares.
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