Dell Makes Huge Ripples in the Netbook Market

Dell (NASDAQ:DELL) is leaving the netbook market. The firm’s U.S. office has acknowledged to The Register that they have discontinued their Mini netbook line. Netbooks, which primarily run on Intel (NASDAQ:INTC) Atom chips, had a low margin even during their brief period of popularity, and sales have been destroyed by the growth of the tablet market.

Here’s how PC and chip makers are trading on the news:

Dell Inc. (NASDAQ:DELL): DELL shares recently traded at $15.08, up $0.03, or 0.2%. They have traded in a 52-week range of $12.99 to $17.60. Volume today was 9,033,754 shares versus a 3-month average volume of 23,415,700 shares. The company’s trailing P/E is 7.76, while trailing earnings are $1.94 per share. Get the most recent company news and stock data here >>

Hewlett-Packard Company (NYSE:HPQ): HPQ shares recently traded at $26.08, down $0.08, or 0.31%. They have traded in a 52-week range of $21.50 to $49.39. Volume today was 8,501,025 shares versus a 3-month average volume of 24,250,400 shares. The company’s trailing P/E is 7.85, while trailing earnings are $3.32 per share. Get the most recent company news and stock data here >>

Apple Inc. (NASDAQ:AAPL): AAPL shares recently traded at $380.98, up $2.04, or 0.54%. They have traded in a 52-week range of $310.50 to $426.70. Volume today was 7,682,744 shares versus a 3-month average volume of 18,575,300 shares. The company’s trailing P/E is 13.76, while trailing earnings are $27.68 per share. Get the most recent company news and stock data here >>

Intel Corporation (NASDAQ:INTC): INTC shares recently traded at $23.40, up $0.09, or 0.39%. They have traded in a 52-week range of $19.16 to $25.78. Volume today was 36,227,337 shares versus a 3-month average volume of 64,130,500 shares. The company’s trailing P/E is 10.13, while trailing earnings are $2.31 per share. Get the most recent company news and stock data here >>

Advanced Micro Devices, Inc. (NYSE:AMD): AMD shares recently traded at $5.06, up $0.02, or 0.4%. They have traded in a 52-week range of $4.31 to $9.58. Volume today was 3,887,209 shares versus a 3-month average volume of 21,150,500 shares. The company’s trailing P/E is 3.60, while trailing earnings are $1.41 per share. Get the most recent company news and stock data here >>

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