What’s Moving These Hot Stocks: Sprint, Microsoft, Google
Google (NASDAQ:GOOG) Android garnered 51 percent market share of smartphone platforms, as Apple’s share rose by increased 1.1 percent to 30.7 percent. RIM (NASDAQ:RIMM) came it third with a 12.3 percent share, followed by Microsoft(NASDAQ:MSFT) at 3.9 percent and Symbian at 1.4 percent.
Microsoft Corporation (NASDAQ:MSFT): Notebook and PC vendors fear the cost of touch screens and the new Windows 8 software may be high enough to deter customers from replacing their hardware. Secondly, with ultrabook prices still prohibitive for the average buyer, vendors are now having second thoughts about the demand that may actually emerge.
Sprint Nextel Corp. (NYSE:S) gets sued by a Louisiana pension following its after tax suit in New York, according to Bloomberg.
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