Apple Inc. (NASDAQ:AAPL) will start an R&D and procurement management capability in the city this summer. Apple has been dispatched for statement. The Shanghai Municipal Commission of Commerce has confirmed the report. The new Shanghai R&D center is thus far another symbol of how important China is to Apple’s growth.
In the last trading session, Apple Inc. (NASDAQ:AAPL) moved up +1.88% and closed at $458.27 with the overall traded volume of 20.37 million shares. AAPL has earnings per share of $44.10 and its price to earnings ratio ended at 10.39. AAPL has market cap of 430.34 billion.
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Hewlett-Packard Company (NYSE:HPQ) declined 3.17% with the closing price of $16.48. The overall volume in the last trading session was 31.36 million shares. Its fifty two week range was $11.35-$30.00. The total market capitalization remained $32.40 billion.
HPQ is ahead its 52 week low with 46.58% and its last month price volatility remained 2.61%. Its beta coefficient was 1.10 with a target price of $14.15. In its share capital HPQ has 1.95 billion outstanding shares while 1.91 billion shares have been floated in market. HPQ has insider ownership of 0.02% with its institutional ownership remained 78.74%. Company’s current year earnings per share reduced with 29.27% while the five year EPS growth rate was +5.52%.
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Dell Inc. (NASDAQ:DELL) jumped +1.59% to close at $13.25 and its total volume in the last trading session was 78.52 million shares more than the average volume of 32.99 million. Stock price 52 weeks high was $18.36 and 52 weeks low price was $8.69. DELL has outstanding shares of 1.74 billion with the total market cap of 23.01 billion and its beta value stands at 1.37 times.
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