4 Tech Stock Stories To Close the Trading Week

Amazon. com (NASDAQ:AMZN): Current price $265.41

According to industry supply chain sources to DigiTimes, Amazon will use a 4.7-inch screen for its smartphone that should be released in the second quarter. Prior to this. the firm had thought about a 4.3-inch screen but later shelved that idea after seeing increased demand for larger size screens among consumers. The sources also relate that Amazon has been working on improving other specifications for the smartphone, but they did not say if Amazon’s recent changes to the device were the reason for chatter in the market that mass production of the product could be delayed until later in the second quarter or even farther.

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AMZN

Apple (NASDAQ:AAPL) Current price $444.01

Shares closed down a bit more than 2 percent, after Andy Hargreaves at Pacific Crest reiterated a Sector Perform, warning that the firm will probably miss expectations for its fiscal second quarter when it reports in April, and also miss estimates for the following quarter outlook, primarily due to a lower outlook for the iPad.

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AAPL

Advanced Micro Devices (NYSE:AMD): Current price $2.53

At the Game Developers Conference on Tuesday, AMD described its leadership strategy for the global gaming market. The Unified Gaming Strategy comprehensively addresses how the firm will drive the gaming market across consoles, cloud platforms, tablets and PCs. Through collaborating with the world’s top hardware and game developers, and by continuing to lead the market by supplying the most innovative graphics technologies, AMD is effectively positioned to conduct the next revolution in gaming. Senior Director David Cummings of AMD Professional Graphics commented that “real-time gaming through the cloud represents a significant opportunity and AMD is poised to lead in this vertical thanks to our extensive graphics hardware and software capabilities. AMD is working closely with CiiNow,G-Cluster, Otoy and Ubitus to deliver exceptional AMD Radeon gaming experiences to the cloud.”

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AMD

Trina Solar Limited (NYSE:TSL): Current price $3.63

Just days following Suntech’s default on $541 million of its bonds, both Trina Solar and JA Solar Holdings Co. (NASDAQ:JASO) say that they will be able to pay for their United States bonds that mature in the next few months. Several solar firms in China took on lots of debt during the past two years so as to expand manufacturing operations, eventually leading to excess supply that sent prices down sharply. Suntech’s default was worrying to U.S. lenders to other Chinese companies, because bankruptcy laws in that country typically favor local banks.

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TSL

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