Apple is in the Running to Sell Mobile Devices to the US Government
Bloomberg is reporting that the US Department of Veterans Affairs is investigating Apple (NASDAQ:AAPL) as a potential supplier of mobile computing devices for its staff. Bloomberg reports: “VA officials are researching ‘mobile device management’ services that will protect e-mail and control access to agency computer networks for people using smartphones and tablet computers.” The department issued a request for information from potential suppliers last week and updated it today.
Apple has long lagged in its efforts to sell technology to the US government. Being selected by the Department of Veterans Affairs may be an entrance into that vast market. Other companies, such as Dell, Inc. (NASDAQ:DELL) and Research in Motion (NASDAQ:RIMM) have long sold their devices to the government and have developed processes to deal with government procurement systems.
Following is some information on Apple’s stock price performance, along with that of other companies which may end up selling devices to the Department of Veterans Affairs.
- Apple, Inc. (NASDAQ:AAPL): The shares recently traded at $400.60, up $2.83, or 0.71%, on the day. The shares have traded in a 52-week range of $297.76 to $426.70 and its market capitalization is $372.27 billion. About the company: Apple, Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.
- Google, Inc. (NASDAQ:GOOG): The shares recently traded at $586.31, up $3.15, or 0.54%, on the day. The shares have traded in a 52-week range of $473.02 to $642.96 and its market capitalization is $189.31 billion. About the company: Google, Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches.
- Dell, Inc. (NASDAQ:DELL): The shares recently traded at $15.91, up $0.30, 0r 1.92%, on the day. The shares have traded in a 52-week range of $12.99 to $17.60 and its market capitalization is $29.03 billion. About the company: Dell, Inc. offers a wide range of computers and related products. The Company sells personal computers, server, and networking products, storage systems, mobility products, software and peripherals, and services. Dell serves customers and businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.
- Research in Motion (NASDAQ:RIMM): The shares recently traded at $20.72, down $1.55, or 6.96%, on the day. The shares have traded in a 52-week range of $19.29 to $70.54 and its market capitalization is $10.86 billion. About the company: Research in Motion Limited designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications.
(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)
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