4 Tech Stock Stories Not to be Missed
Apple (NASDAQ:AAPL): Current price $521.72
A deal might be in the works for a new partner carrier for Apple’s iPhones if a mutually beneficial arrangement can be had with NTT DoCoMo, says its President Katoru Katō, according to Nikkan Kogyo Shimbun, which added that a DoCoMo iPhone might not happen soon since the firm is only now in preliminary talks to bring Apple’s popular device onto its smartphone network. As it now stands, Apple requires partner carriers to sell a predetermined amount of iPhones yearly and Kato believes that DoCoMo can hit that number so long as handsets account for 20 to 30 percent of the company’s overall smartphone sales.
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Vodafone Group (NASDAQ:VOD): Current price $26.58
On Thursday, the group bought 5.65 million of its ordinary shares on the London Stock Exchange from Barclays Capital Securities Ltd. at 164.2678 pence, which it will to hold in treasury. Since one month prior, December 10th, Vodafone has purchased 127.41 million shares at £203.21 million.
Xerox Corporation (NYSE: XRX) Current price $7.27
On Friday, Xerox said that Executive Vice president and Chief Financial Officer Luca Maestri will exit the firm, effective February 28th, to take the role of corporate controller at Apple. The company has begun an external search for a new CFO and Maestri will be with Xerox through the end of February so as to help manage the financial leadership transition.
SAP (NYSE:SAP): Current price $81.79
SAP says that its Business Suite software, which is used to calculate financials and manage operations, can now run on the firm’s Hana database, according to Business Insider. The achievement sets a challenge to Oracle (NASDAQ:ORCL), which also markets business software.
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