Apple Inc. (NASDAQ:AAPL) and Samsung will continue as key Rivals in Globalm Technology Market – FLEX, STX
Pompano Beach, FL — (MESHPRESS) — 12/19/2012 — No Limit Stocks – NOLIMITSTOCKS.com covers all the latest on up and coming stocks in the market. No limit Stocks team contain experts that study and analyzes the stock market and help individuals break through the limits and make them better & more successful investors.
Apple Inc. (NASDAQ:AAPL) faced a ruthless denial of its lawsuit against Samsung that considered the latter company as guilty of patent theft because, it somehow obtained the bad copy of AAPL’s feature named “pinch-to-zoom” and offered it to the customers worldwide.
What was the Moving Force behind AAPL On Bullish Run? Read This Research Report on AAPL
However, U.S. District Judge Lucy Koh disagreed and held the point that it is unethical to ban product sale on the grounds that it contained similar feature as Apple Inc’s one does. Nevertheless, respectable judge fined Samsung with $1.05 billion in terms of unlicensed usage of technology and made her intentions to shave off significant amount during the next hearing.
But, Samsung despite of the heavy fine will carry on offering its products in US market and on the other hand Apple Inc. (NASDAQ:AAPL) will keep on doing so in Germany, the United Kingdom, France, Italy and the Netherlands. Furthermore, analysts believe that both of the companies will continue for global dominance in electronics markets for many decades to come.
What AAPL’s CHarts Are Signaling For Traders? Read This Trend Analysis Report
With the latest rise of 2.90%, Apple Inc. (NASDAQ:AAPL) now has YTD performance +33.00% which for the week is negative at -1.38%. The company will report higher sales for the Quarter ending Dec-12, according to 42 analysts polled by Reuters. On average, they believe sales will arrive at $54,543.10 from $44,155.50 posted in the same quarter last year.
The price of Flextronics International Ltd. (NASDAQ:FLEX) moved up 0.57% and finished the day at $6.17 on above average volume. The day started out with a lower opening price of $6.13 versus prior close of $6.14. The total number of shares traded on the latest trading day was about 14.14 million shares, and changed hands at average prices of $6.03 to $6.20 apiece. The shares advanced about 9.01% since the start of 2012 and has a -5.08% fall in last three months. Narrowing down the performance period, the stock rose 11.37% for the month and a 1.31% gain over the week.
Will FLEX Continue To Move Higher? Find Out Here
Seagate Technology PLC (NASDAQ:STX)’s shares touched a high of $29.49 before closing at $29.36, an increase of $1.31. The trading volume was 12.66 million shares. Since hitting a 52-week low of $15.48 on December 29, 2011, the stock has managed to stay 105.85% higher from that level. The latest gain caused shares to increase their 2012 gain to 88.57%.
Is STX a Solid Investment at These Levels? Read This Report For Details
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