Apple Inc. (NASDAQ:AAPL)?s Eddy Cue, who took control of map software previous month, is trying to upturn the bothered service, expelling a top manager and urging associates to enhance data among an increasing opposition with Google Inc. (NASDAQ:GOOG)
Cue, 48, senior vice president managing Apple?s (AAPL) online services, ousted maps manager Richard Williamson in a management stir soon following taking over the plan, people stated that were closely related with the issue, who gave the information on the basis of anonymity.
Cue is looking for advice from outside map-technology experts and prodding maps supplier TomTom NV (TOM2) to fix breakthrough and navigation data it shares with Apple (AAPL).
Its competitors include Google Inc (NASDAQ:GOOG) that slipped -4.25% to $8.78 with the total traded volume of 199.62 million shares and Research In Motion Limited (USA) (NASDAQ:RIMM) that dropped -3.45% to $33.41 with the total traded volume of 25.50 million shares.
Other Technology stocks with bullish trend include Akamai Technologies, Inc. (NASDAQ:AKAM) up +1.30% to $35.01, OCZ Technology Group Inc. (NASDAQ:OCZ) up +9.77% to $1.46, whereas with bearish trend include Micron Technology, Inc. (NASDAQ:MU) down -1.14% to $5.61, Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) down -0.59% to $16.74 and Verizon Communications Inc. (NYSE:VZ) down -0.49% to $42.77.
Apple Inc. (NASDAQ:AAPL) after opening at $577.27 hit high price of $578.00 and then trading at $574.52 by plunging -1.72% and on current session volume of 3.36 million shares is higher than its average volume of 22.09 million shares.
The stock price volatility was 2.27% for a week and 2.98% for a month as well as price volatility?s Average True Range for 14 days was 17.55 and its beta remained 1.21.
The liquidity measure in recent quarter results of the company was recorded 1.50 as current ratio. The Company had total cash at hand $29.13 billion and a book value per share as $125.86 in the most recent quarter.
AAPL generated revenue of 156.51 billion in the following twelve months and earned $41.73 billion. The Company showed a positive +26.67% in the net profit margin and as well as in its operating margin which remained +35.30%. Company?s annual sales growth for the past five year was +44.81%.
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