Apple Inc. (NASDAQ:AAPL) Targets Pricing; Aims at Launching Inexpensive iPhone - UNXL, CY, WPCS

Pompano Beach, FL -- (SBWIRE) -- 01/08/2013 -- Apple Inc. (NASDAQ:AAPL) is trying to produce an economical iPhone for developing markets all over the world, a new report states.

Digitimes is reported, mentioning anonymous sources in Apple's supply chain, that the firm is working on an iPhone for China and developing markets that would release in the second half of 2013.

Should AAPL a Buy or Sell Now? Find Out Here

Those sources stated that the iPhone will have a big display, but will come with a refurbished design and be much inexpensive than the firm's existing handset.

According to the sources, that said, one part of the Digitimes story does not quite add up: the low-cost iPhone will have a bigger screen than the iPhone 5's existing 4-inch model.

Apple Inc. (NASDAQ:AAPL) shares so far in this session lost -0.21% to $522.82 with the Stock being traded within the range of $521.25 – $531.99. In the past year, it has not traded below $418.66 and was unable to surpass $705.07. The current session’s volume of 8.12 million shares is down from the average daily trading volume of 20.23 million shares.

Why Should Investors Buy AAPL After the Recent Fall? Just Go Here and Find Out

Turning to some other stocks in the tech sector, Uni-Pixel Inc, Cypress Semiconductor Corporation and WPCS International Incorporated are in the top decliners list. Below in this article, we will have a quick look on their Market performance.

So far in the ongoing trade, Uni-Pixel Inc (NDA) (NASDAQ:UNXL) shares are down -10.09% to $17.11 while the stock has traded within the range of $16.53 – $18.60. In the last 52-week period, shares changed hands between $4.74 and $19.67. The current session’s volume of 507,748 shares is lower than their average daily trading volume of 637,673 shares.

Will UNXL Get Buyers Even After The Recent Rally? Find Out Here

Cypress Semiconductor Corporation (NASDAQ:CY) shares in the current session moved down -9.14% reaching at $10.04. The stock traded in a range of $9.91 – $10.78. In the last year the stock has moved within a range of $8.70 – $19.25. The current session’s volume of 3.97 million shares is higher from their average daily trading volume of 2.16 million shares.

Has CY Found The Bottom And Ready To Gain Momentum? Find Out Here

Another rival company, WPCS International Incorporated (NASDAQ:WPCS) is at a discount of -8.89% to $0.401. In today’s trading so far, the stock price was found in a range of $0.40 and $0.40. In the previous 52 weeks the stock’s price ranged between $0.30 and $1.88. The current session’s volume of 750.00 million shares was higher from their average daily trading volume of 35,202 shares.

Has WPCS Found The Bottom and Ready To Move Up? Find Out Here

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