On Thursday, Shares of Apple Inc. (NASDAQ:AAPL), lost - 0.46% to $120.92.
AAPL, latest closing price of $120.92 is at a discount to its 200-day moving average price of $120.82. Its 52-week range has been $92.00- $134.54; it is trading at discount versus its 52-week high of $134.54 achieved on 134.54 and a premium to its 52-week low of $92.00 faced on Aug 24, 2015. The stock, as of recent close, has shown weekly upbeat performance of 0.32% which was maintained at 12.98% in this year.
The mean estimate for the short term price target for Apple Inc. (NASDAQ:AAPL), stands at $148.88 according to 42 Analysts. The higher price target estimate for the stock has been calculated at $200.00 while the lower price target estimate is at $85.00.
Analysts mean recommendation for the stock is 1.90. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
Apple left the 4-inch screen model after successfully integrating the bigger 4.7-inch and 5.5-inch displays in iPhone 6 and iPhone 6s series. But the Cupertino tech giant isn’t willing to let go of the popular 4-inch screen size, as leading analysts predict a 4-inch iPhone coming as soon as early 2016, according to ibtimes
“As there is still demand for a 4-inch iPhone, we believe Apple will upgrade this product line. Because the iPhone 5s is more popular than the iPhone 5c, we think Apple is likely to launch an upgraded iPhone 5s. We predict Apple will mass-produce this new 4-inch iPhone in 1H16 with metal casings. In order to make the current iOS 9 or next-generation iOS 10 run smoothly, Apple may adopt an A9 chip for this new phone,” MacRumors quoted KGI Securities analyst Ming-Chi Kuo as saying.
Apple’s plans to release a 4-inch iPhone are no secret. There were several rumours hinting at an iPhone 6C with a 4-inch screen set to be launched during Apple’s September event. With the new source in light, rumours about the much-popular 4-inch iPhone are back. Ibtimes Report
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, education, and enterprise and government customers in the Americas, Europe, Greater China, Japan, and Rest of Asia Pacific.
Shares of Facebook Inc (NASDAQ:FB), inclined 4.64% to $108.76, during its last trading session.
In the last trading session, FB, moved on high volume, trading at a volume of 63.23 million versus its average daily volume of 27.95 million shares. At $108.76, the stock has gained momentum as shares are down from a peak price of $110.65 recorded on Nov 5, 2015. The stock, as of recent close, has shown weekly upbeat performance of 3.70% which was maintained at 45.34% in this year. The stock is having its 200-day moving average of $89.26 and $96.66 as its 50-day moving average.
The mean estimate for the short term price target for Facebook Inc (NASDAQ:FB), stands at $122.87 according to 45 Analysts. The higher price target estimate for the stock has been calculated at $155.00 while the lower price target estimate is at $68.00.
Analysts mean recommendation for the stock is 1.70. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
Facebook Inc. warned investors in a regulatory filing that its revenue could be adversely affected by technology that blocks advertisements, according to Bloomberg
Ad-blocking tools, which people use to screen out marketing messages, have occasionally affected Facebook’s revenue, especially on desktop computers, the company said in a quarterly filing with the U.S. Securities and Exchange Commission on Thursday.
The advertising industry has been reeling in recent months from ad-blocking tools in Apple Inc.’s application store, but so far those tools haven’t worked in Facebook’s app, where marketing spots are weaved in with user content. The social network, which has more than 1.55 billion users, is disclosing the mounting potential threat of a tool that affects its mobile application. Bloomberg Report
Finally, Shares of Amazon.com, Inc (NASDAQ:AMZN), ended its last trade with 2.29% gain, and closed at $655.65.
AMZN, has gained 1.50% from its peak and trades at just 118.54 times forward earnings projections. The consensus price target for the stock is $718.13 a share. The 52-week range is $285.25 to $657.00. Up 114.64% over 12 months, the company has a market cap of $300.45 billion; its shares recently traded at around $655.65. The P/E ratio is 951.10.
The mean estimate for the short term price target for Amazon.com, Inc (NASDAQ:AMZN) stands at $720.11 according to 38 Analysts. The higher price target estimate for the stock has been calculated at $800.00 while the lower price target estimate is at $490.00.
Analysts mean recommendation for the stock is 1.80. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
Alibaba Group Holding Ltd. is said to be in talks to invest as much as $80 million in the grocery ordering smartphone app Boxed Wholesale, according to people with knowledge of the matter, signaling that the Chinese Internet giant wants to expand its reach on Amazon.com Inc.’s home turf, according to bloomberg
Founded in 2013 by CEO Chieh Huang, Boxed is a hybrid of Amazon and Costco Wholesale Corp., offering free delivery within three days on bulk grocery orders of at least $50 made through the company’s smartphone app. Shoppers can find a 76.5-ounce box of Kellogg’s Raisin Bran for $7.99, 30 rolls of Charmin Ultra Soft toilet paper for $22.39 and 140 kitchen garbage bags for $14.19.
The investment would be Alibaba’s second effort to compete with Amazon in the U.S. e-commerce market without starting its own brand. Alibaba invested in Hoboken, New Jersey-based startup Jet.com Inc., which is also challenging Amazon’s e-commerce model by offering free delivery of household goods without requiring a membership. Bloomberg Report
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company serves consumers through retail websites, such as amazon.com, amazon.ca, and amazon.com.mx, which primarily comprise merchandise and content purchased for resale from vendors and those offered by third-party sellers.