The latest grist fed into the Apple Inc. (NASDAQ:AAPL) rumor mill has come out the other end in the form of word of a very, very thin iPhone 6. A report from Korean site ET News says Apple is working hard on the next big iteration of its cash cow smartphone dubbed “iPhone Air,” according to sources somewhere in the Chinese IT and supply chain universe. Shares of Apple Inc. (NASDAQ:AAPL) closed at $543.93 in last trading session. Yesterday share price of the company was traded in the range of $533.60 to $546.80. Company now has a market value of $489.39 billion. Apple Inc. (NASDAQ:AAPL) price to sales ratio in past twelve months was calculated as 2.88 and price to cash ratio as 12.13.
Nokia Corporation (ADR) (NYSE:NOK) has been working on a number of smartphones that may hit the markets in 2014. Nokia Corporation (ADR) (NYSE:NOK) stock traded in the range of $7.98 – $8.06 and at the end of the day, it closed at $8.02. Average trading volume of the company is $14.04 M. Nokia Corporation (ADR) (NYSE:NOK) return on equity ratio is recorded as -18.20% and its return on assets is -4.90%.
Canada’s struggling smartphone maker BlackBerry Ltd (NASDAQ:BBRY) has hired a former Sony Ericsson executive to head its loss-making devices business. The said job needs a heavy dose of salesmanship to win back companies and consumers lured away by larger rivals. BlackBerry Ltd (NASDAQ:BBRY) after opening at $7.61, moved up 5.26% to $8.01 on last trading day. Company’s 52 week range is $5.44 – $18.32.
Tesla Motors Inc (NASDAQ:TSLA) electric cars might be rare sights on the road, but they are among consumers’ preferred vehicles in some parts of the U.S., according to a survey from Kelley Blue Book. Tesla Motors Inc (NASDAQ:TSLA) stock hit highest price at $147.00, beginning with a price of $150.00 and decreased -1.71% to the close at $147.00 with day range of $145.24 – $150.40. The total market capitalization of the stock is $18.02 billion.