On Wednesday, Shares of Apple Inc. (NASDAQ:AAPL), lost -0.01% to $130.06. The company holds the market capitalization of 749.28B. It’s 52-week range is $86.30 - $134.54, however yesterday it floats between the range of $129.34 - $130.98, with an opening price of $130.07.
Apple® updated the 15-inch MacBook Pro® with Retina® display with the new Force Touch trackpad, faster flash storage, longer battery life and faster discrete graphics, delivering even more performance and capabilities to the MacBook Pro line. Apple also recently introduced a new $1,999 configuration of the 27-inch iMac® with Retina 5K display featuring a breathtaking 14.7 million pixel display, quad-core processors and AMD graphics, and lowered the price of the top-end iMac with Retina 5K display to $2,299.
“The response to the new MacBook and updated 13-inch MacBook Pro with Retina display has been amazing, and recently we are thrilled to bring the new Force Touch trackpad, faster flash storage and longer battery life to the 15-inch MacBook Pro with Retina display,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. “Customers love the groundbreaking iMac with Retina 5K display, and now with a new lower starting price, even more people can experience the best desktop we’ve ever made.”
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, watches, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications.
Shares of Zynga, Inc. (NASDAQ:ZNGA), declined -1.33% to $2.96, during its last trading session.
On May 6, Zynga declared financial results for the first quarter ended March 31, 2015.
“In Q1, we delivered results above our guidance generating $167 million in bookings and Adjusted EBITDA of $2 million. Our Q1 results reflect the progress we have made in our transition to mobile which now represents 63% of total bookings — up 84% year over year,” said Mark Pincus, CEO of Zynga. “Zynga remains focused on our mission of connecting the world through games, which is even more relevant and possible recently. Our execution is focused in three areas — our products, where we’re backing proven teams against the most valuable game categories; our people, to foster creative entrepreneurs; and our plan in order to fund our future with focus and simplicity.”
“I’m proud of Mark Skaggs and team for launching Empires & Allies — a great new Action Strategy game with encouraging early player feedback,” continued Pincus. “In terms of our overall products, we have narrowed our focus to five categories: Action Strategy, Social Casino, Invest & Express, Casual and Racing. We now expect to launch between 6 to 8 new mobile games in 2015 with a continued investment in our future pipeline for 2016 and beyond.”
Zynga Inc. develops, markets, and operates online social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, Asia, and Europe. The company offers its online social games under the FarmVille, Words With Friends, Zynga Poker, Hit It Rich! Slots, CSR Racing, FarmVille 2: Country Escape, NFL Showdown, New Zynga Poker, New Words With Friends, Wizard of Oz Slots, Looney Tunes Dash!, CSR Classics, and Clumsy Ninja names.
At the end of Wednesday’s trade, Shares of Activision Blizzard, Inc. (NASDAQ:ATVI), gained 1.06% to $25.75, hitting its highest level.
On May 6, Activision Blizzard declared better-than-predictable financial results for the first quarter of 2015.
For the quarter ended March 31, 2015, Activision Blizzards GAAP net revenues were $1.28 billion, as contrast with $1.11 billion for the first quarter of 2014. On a non-GAAP basis, the company’s net revenues were $703 million, as contrast with $772 million for the first quarter of 2014. For the first quarter, GAAP net revenues from digital channels were a record $581 million and represented a Q1 record 45% of the company’s total revenues. On a non-GAAP basis, net revenues from digital channels were a Q1 record $538 million and represented a record 76% of the company’s total revenues.
For the quarter ended March 31, 2015, Activision Blizzards GAAP earnings per diluted share were a record $0.53, as contrast with $0.40 for the first quarter of 2014. On a non-GAAP basis, the company’s earnings per diluted share were $0.16, as contrast with $0.19 for the first quarter of 2014.
Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company develops and publishes interactive entertainment software products through retail channels or digital downloads; and downloadable content to a range of gamers.
Finally, Computer Sciences Corporation (NYSE:CSC), ended its last trade with 2.36% gain, and closed at $69.26.
Computer Sciences Corporation, declared that its Board of Directors has unanimously approved a plan to separate the company into two publicly traded, pure-play leaders: one to serve commercial and government clients globally and one to serve public sector clients in the U.S.
Concurrent with the separation, CSC intends to pay a special cash dividend to shareholders of $10.50 per share at closing, which is predictable by October 2015.
“CSC began its turnaround three years go,” said CEO Mike Lawrie. “That turnaround has progressed strongly, and our focus now turns to positioning the business for long-term growth and leadership. The best way to accelerate that transformation is by separating the company into two businesses, each uniquely positioned to lead its market by focusing strongly on the needs of its clients.”
Computer Sciences Corporation provides information technology (IT) and professional services and solutions in North America, Europe, Asia, and Australia. The company operates through Global Business Services, Global Infrastructure Services, and North American Public Sector segments. The Global Business Services segment provides technology solutions, counting consulting, applications services, and software.
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