On Friday, Shares of Apple Inc. (NASDAQ:AAPL), lost -1% to $109.27.
Apple Inc. will make gaming a key part of an Apple TV product it is predictable to unveil at an event on Wednesday, according to a New York Times online report on Sunday.
The article, which cited unnamed people briefed on Apple’s plans, said the new product is predictable to have a starting price around $150, more power for better graphics, a new remote that could double as a controller and an app store for buying games.
Apple representatives were not right away available for comment.
The New York Times said most game executives and analysts see little chance that Apple will be able to win over fans of high-end game consoles such as Microsoft Corp’s (MSFT.O) Xbox One Sony Corp’s PlayStation 4.
But Apple could instead go after the casual gamers who do not want a high-end console, according to the story.
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 General Motors Company (NYSE:GM), declined -0.79% to $28.88, during its last trading session.
General Motors Company said sales in China declined for the fourth time in five months, deepening its slump in the world’s largest auto market, according to Bloomberg.
GM and its China joint ventures delivered 248,815 vehicles in August, 4.8 percent fewer than a year earlier, according to a statement on its website Monday. The company attributed the drop to “softness in the overall vehicle market.”
The largest U.S. automaker’s exposure to the slowdown in China’s car sales has contributed to its stock slumping to an almost 2 1/2 year low on Aug. 25. GM is among the global automakers that are tempering their forecasts for industywide demand after years of plowing billions of dollars into Chinese factories to keep up with a market that surpassed the U.S. in 2009. Bloomberg Reports
GM in July cut its outlook for annual industrywide sales growth in China to the low single-digit range, from the 6 percent to 8 percent range it projected earlier. Bloomberg added.
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments.
Finally, The Home Depot, Inc. (NYSE:HD), ended its last trade with -1.87% loss, and closed at $114.42.
The Home Depot®, declared that Craig Menear, chairman, CEO and president, and Carol Tome, CFO and executive vice president – Corporate Services, will present at the Goldman Sachs 22nd Annual Global Retailing Conference in New York, NY. The presentation will start at 8:05 a.m. ET on September 10, 2015.
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, in addition to provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers.
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