Microsoft and Nokia Choose Different Supply Partners

Microsoft (NASDAQ:MSFT) announced last month that it would continue to have Qualcomm (NASDAQ:QCOM) as its exclusive chip supplier for Windows Phones. President Andy Lees had stated the relationship would help Microsoft (NASDAQ:MSFT) use specific technical details to help cut costs. Cutting costs is crucial to keeping the price of Windows Phone devices under $200, a key competitive price point opposite Google (NASDAQ:GOOG) Android powered phones.

However, Nokia (NYSE:NOK) has taken a different view and selected ST-Ericsson (NASDAQ:ERIC) as a key supplier for future Windows platform devices. “We are pleased to have been selected by Nokia (NYSE:NOK) as a key partner for Windows smartphones, in line with our goal to be present in all segments and major operating systems,” said Gilles Delfassy, president and CEO of ST-Ericsson. “Our NovaThor platforms continue to gain traction as they enable customers to bring great smartphones to the market.”

Here’s how these tech (NYSE:XLK) stocks are trading now:

  • Microsoft Corporation (NASDAQ:MSFT): The shares recently traded at $25.87, down $0.12, or 0.46%. Its market capitalization is $217.62 billion. They have traded in a 52-week range of $23.65 to $29.46. Volume today was 7,223,208 shares versus a 3-month average volume of 64,827,000 shares. The company’s trailing P/E is 9.40, while trailing earnings are $2.75 per share. The company pays a dividend of $0.80 per share for a dividend yield of 3.00%. About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices. Get the most recent company news and stock data here >>
  • QUALCOMM Incorporated (NASDAQ:QCOM): The shares recently traded at $51.46, up $1.32, or 2.63%. Its market capitalization is $86.44 billion. They have traded in a 52-week range of $44.62 to $59.84. Volume today was 2,840,649 shares versus a 3-month average volume of 17,722,900 shares. The company’s trailing P/E is 21.08, while trailing earnings are $2.44 per share. The company pays a dividend of $0.86 per share for a dividend yield of 1.70%. About the company: QUALCOMM, Inc. develops and manufactures digital wireless communications equipment. The Company licenses its Code Division Multiple Access (CDMA) intellectual property to other companies, and produces CDMA-based integrated circuits; equipment and software used to track workers and assets; software for wireless content enablement; and offers services to deliver multimedia content. Get the most recent company news and stock data here >>
  • Nokia Corporation (NYSE:NOK): The shares recently traded at $6.40, up $0.09, or 1.43%. Its market capitalization is $23.74 billion. They have traded in a 52-week range of $4.82 to $11.75. Volume today was 5,424,375 shares versus a 3-month average volume of 33,397,400 shares. The company’s trailing P/E is 25.70, while trailing earnings are $0.25 per share. The company pays a dividend of $0.48 per share for a dividend yield of 7.20%. About the company: Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks. Get the most recent company news and stock data here >>
  • ARM Holdings plc (NASDAQ:ARMH): The shares recently traded at $27.97, up $0.3, or 1.08%. Its market capitalization is $12.57 billion. They have traded in a 52-week range of $16.46 to $32.18. Volume today was 636,821 shares versus a 3-month average volume of 4,549,640 shares. The company’s trailing P/E is 72.27, while trailing earnings are $0.39 per share. The company pays a dividend of $0.11 per share for a dividend yield of 0.40%. About the company: ARM Holdings plc develops processors, data engines, peripherals, software, and tools. The Group’s solutions are used in a variety of applications, including in the automotive, consumer entertainment, digital imaging, mass storage, networking, security, and wireless industries. Get the most recent company news and stock data here >>
  • LM Ericsson Telephone Co. (NASDAQ:ERIC): The shares recently traded at $10.36, up $0.26, or 2.57%. Its market capitalization is $33.23 billion. They have traded in a 52-week range of $8.83 to $15.44. Volume today was 927,549 shares versus a 3-month average volume of 8,551,280 shares. The company’s trailing P/E is 14.17, while trailing earnings are $0.73 per share. The company pays a dividend of $0.26 per share for a dividend yield of 2.50%. About the company: Telefonaktiebolaget LM Ericsson develops and manufactures products for wired and mobile communications in public and private networks. The Company produces mobile telephones through its Sony Ericsson joint venture. Ericsson manufactures and installs wired and wireless communications systems, wireless microwave links, call center equipment, microelectronics, and radar systems. Get the most recent company news and stock data here >>

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