Pompano Beach, FL -- (SBWIRE) -- 01/09/2013 -- 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.
In relation to people familiar with the matter, Apple Inc. (NASDAQ:AAPL) is working on an inexpensive iPhone, a big move in corporate strategy as its supremacy in smartphones has skidded.
Is AAPL a Solid Investment at These Levels? Read This Report For Details
However Apple has discovered such a gadget for years, the plan is moving ahead and a less costly version of its top device could release afterward this year, one of the people stated.
One of the people stated that the inexpensive phone could look like the standard iPhone, with a different, less costly body.
One option under consideration is cutting the cost of the gadget by using a different shell made of polycarbonate plastic; in contrast, the iPhone 5 presently has aluminum housing.
Several other parts could stay the same or be recycled from older iPhone models. Apple could still choose to leave the plan. A spokesperson for the Cupertino, California, firm refused to comment.
At the current trading session, Apple Inc. (NASDAQ:AAPL) shares are down -0.55% to $522.43 while the stocks are trading within the range of $519.10 – $524.80. In the past year, the stock has traded within a range of $418.66 – $705.07. Average daily trading volume is 20.45 million shares.
Has AAPL Found The Bottom and Ready To Move Up? Find Out Here
If we look at a few other stocks at the tech sector, Broadcom Corporation, Western Digital Corp. and Symantec Corporation were in the gainers list. Let’s have a quick look on their Market performance.
Broadcom Corporation (NASDAQ:BRCM) shares are up +1.57% to $34.54 while the stock is trading within the range of $34.12 – $34.59 in the current trading session. In the last 12 months the shares have traded between $28.60 and $39.66. The average daily trading volume is 6.99 million shares.
For How Long BRCM will Fight for Profitability? Read This Trend Analysis report
Western Digital Corp. (NASDAQ:WDC) shares in the current session moved up +3.36% reaching $43.39. The stocks are trading in a range of $42.49 – $43.50. In the last year the stock has moved within a range of $28.31 – $45.94. The Company’s average daily trading volume is 4.31 million shares.
Will WDC Continue To Move Higher? Find Out Here
Another rival company, Symantec Corporation (NASDAQ:SYMC), is trading up +0.95% to $19.60. Intraday trading recorded the stock price in a range of $19.39 to $19.62. In the previous 52 weeks the stock’s price ranged between $13.06 and $19.75. Their average daily trading volume is 6.29 million shares.
Why Should Investors Buy SYMC After The Recent Gain? Just Go Here and Find Out
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