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Apple Inc. (NASDAQ:AAPL) has become the top mobile phone merchant for the first time in the profitable U.S. market during the fourth quarter of 2012, outperforming playful competitor Samsung Electronics Co Ltd, according to a report by Strategy Analytics.
Apple's share of the U.S. mobile phone market, as well as feature phones and smartphones, mounted to 34 percent from 26 percent, whereas Samsung's share rose to 32.3 percent from 31.8 percent, the research firm said.
Generally, mobile phone shipments reported the gain of 4 percent to 52 million units in the U.S. during the fourth quarter of 2012, compelled by strong demand for 4G smartphones and 3G feature phones.
In the last trading session, Apple Inc. (NASDAQ:AAPL) declined -0.41% and closed at $453.62 with the overall traded volume of 19.25 million shares.
Is it the Right to Grab AAPL after the Recent Slump? Get Free Trend Analysis Here
Nokia Corporation (ADR) (NYSE:NOK) received $1.35 billion grant from the European Union to perform research and development on the super material grapheme which is believed to be the World’s hardest material, even harder than Diamond over the next 10 years.
Nokia Corporation (NYSE:NOK) will be capable to make cell phones that would be fantastically light, durable, and less susceptible to to overheating, on succeeding in development of the material.
In the last trading session, Nokia Corporation (ADR) (NYSE:NOK) gained +2.04% to close at $4.00 and its total traded volume was 42.75 million shares. NOK has market cap of 14.98 billion.
Will NOK Continue To Move Higher? Find Out Here
Cisco Systems, Inc. (NASDAQ:CSCO) moved up +1.26% with the closing price of $20.83. The overall volume in the last trading session was 25.75 million shares. Its fifty two week range was $14.74-$21.26. The total market capitalization remained $110.59 billion.
CSCO is ahead its 52 week low with 41.35% and its last month price volatility remained 1.62%. Its beta coefficient was 1.23 with a target price of $22.00. In its share capital CSCO has 5.31 billion outstanding shares while 5.30 billion shares have been floated in market. CSCO has insider ownership of 0.16% with its institutional ownership remained 72.18%. Company’s current year earnings per share grew with 27.54% while the five year EPS growth rate was +4.92%.
For How Long CSCO will Fight for Profitability? Read This Trend Analysis report
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