Editor's Note: Related tickers: Apple Inc. (NASDAQ:AAPL), FAR EASTONE TELECOM (OTCMKTS:FETLF)
Apple Inc. (NASDAQ:AAPL) stock’s decline (WallStreetPR) The share prices of Apple Inc. (NASDAQ:AAPL) had declined by 0.05 percent to close at $431.77 per share for the end of last trading session on Tuesday. The shares of the company had been trading in the range of $430.21 to $434.90 per share during the day, after opening at $431.56 per share on Tuesday. The shares of Apple Inc. (NASDAQ:AAPL) had recorded 52 week low price level at $385.10 per share and 52 week high price level at $705.07 per share. The world’s greatest growth stock is recently declining in share prices primarily owing to the reason that the stock is nearing its maturity. This decline in prices is in a way positive that the investors could now grab the shares of Apple Inc. (NASDAQ:AAPL) at much discounted prices.
Huawei takes on Samsung, Apple with world’s slimmest smartphone (LiveMint) Huawei Technologies Co., China’s largest maker of telecommunications equipment, said it unveiled the world’s slimmest smartphone as it looks to gain share from market leaders Samsung Electronics Co. and Apple Inc. (NASDAQ:AAPL). Huawei’s new Ascend P6, with a depth of 0.24 inch (6.18 millimeters), will be released in China this month and in western Europe in July, the company said in a statement on Tuesday. That’s at least 19% slimmer than either an iPhone 5 or a Galaxy S4, according to dimensions supplied on the official Websites of Apple and Samsung.
Apple Inc. (AAPL) Announces Expandability Plans on Mac Pro, Company Increases the Volume of Mac Pro Desktop Workstation (IBTimes) Apple Inc. (NASDAQ:AAPL) announced its plans on increasing expandability of Mac Pro. This will enhance the professional work desktop station by 1/8th of its predecessor. The company is gearing up on boosting the product selection by providing incredible internal expansion space. People can expect a lot from the 2013 Mac Pro. The new Mac Pro remains a big mystery as Apple is still keeping the full details about its system. Apple Inc. (NASDAQ:AAPL) is not letting so much out even the type of Xeon processors the new desktop pro will be running on. Other detail there is much speculation about is the type of dual AMD FirePro GPU and pricing of the newest device.
Why multinational companies should stick out Indian markets (LiveMint) Asked late last year about the market for Apple Inc. (NASDAQ:AAPL) products in India, chief executive officer Tim Cook more or less wrote off the huge country. He blamed a multilayer distribution structure for making it too hard to reach consumers beyond elites in cities such as Mumbai and Bangalore. Apple would look elsewhere for growth: In the intermediate term there will be larger opportunities outside there, Cook said. Today, India—with a middle class the size of the US population—accounts for less than 1% of Apple’s global sales. By contrast, Samsung Electronics Co. Ltd saw plenty of opportunity in the subcontinent. The Korean company invested massively in its brand and distribution in India.