EdgeWater 1/21/2011 12:41:16 AM
News / Business

Tech. Stocks Opens Mixed (Apple Inc., NVDA, AMD, INTC)

Tech. Stocks Opens Mixed

Apple Inc. (NASDAQ:AAPL) dropped 1.47% to $333.86. For the first fiscal quarter ended Dec. 31, Apple this week reported net income of $6 billion, or $6.43 per share, compared to net income of $3.38 billion, or $3.67 per share, for the same period the previous year. Revenue jumped more than 70% to $26.74 billion.

Analysts were expecting earnings of $5.42 per share on revenue of $24.4 billion, according to consensus forecasts from FactSet Research.

NVIDIA Corporation (NASDAQ:NVDA) fell 1.61% to $22.05. The stock opened at $22.17 and is trading within the range of $21.83-$22.19.

Advanced Micro Devices, Inc. (NYSE:AMD) added 0.76% to $7.99. The stock has a 52-week range of $5.53-$10.24. The stock has average daily volume of 20.20 million shares. At current market price, the market capitalization of the company stands at $5.44 billion.

Intel Corporation (NASDAQ:INTC) lost 0.62% to $20.88. The stock has average daily volume of 53.72 million shares. At current market price, the market capitalization of the company stands at $116.43 billion.

Article published by Wall Street Grand. Visit the Wall Street Grand Club today.

SAFE LINK

Disclaimer:

For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html