Yelp Has Good News For Apple Users

Siri is making friends with Yelp (NYSE:YELP). The recent software upgrade by Apple (NASDAQ:AAPL) included better integration of the user recommendation website app with the iPhone 4S personal assistant Siri, Yelp announced on their official blog on Wednesday.

Earlier, Siri was only able to show Yelp-rated businesses, but couldn’t give users a closer look. With the newest iOS update, Yelp’s 25 million restaurant and retail reviews have been added to Siri search results. The redirection will also prompt users who don’t have the Yelp app to download it.

Yelp announced that it had 5.7 million unique visitors in its fourth quarter to its mobile apps, which include those on the Google (NASDAQ:GOOG) Android phones, Microsoft (NASDAQ:MSFT) Windows Mobile, and BlackBerry (NASDAQ:RIMM).

Yelp raised $107 million in an initial public offering early this month.

Here’s how these stocks reacted to the news:

Apple Inc. (NASDAQ:AAPL): AAPL shares recently traded at $602.50, down $3.46, or 0.57%. They have traded in a 52-week range of $310.50 to $606.90. Volume today was 22,902,917 shares versus a 3-month average volume of 17,786,100 shares. The company’s trailing P/E is 17.15, while trailing earnings are $35.14 per share.

Google Inc. (NASDAQ:GOOG): GOOG shares recently traded at $639.98, up $6.49, or 1.02%. They have traded in a 52-week range of $473.02 to $670.25. Volume today was 2,469,137 shares versus a 3-month average volume of 2,684,960 shares. The company’s trailing P/E is 21.50, while trailing earnings are $29.76 per share.

Microsoft Corporation (NASDAQ:MSFT): MSFT shares recently traded at $31.91, down $0.08, or 0.25%. They have traded in a 52-week range of $23.65 to $32.95. Volume today was 37,926,684 shares versus a 3-month average volume of 52,738,400 shares. The company’s trailing P/E is 11.57, while trailing earnings are $2.76 per share.

Research In Motion Limited (NASDAQ:RIMM): RIMM shares recently traded at $14.04, down $0.07, or 0.5%. They have traded in a 52-week range of $12.45 to $64.63. Volume today was 15,159,810 shares versus a 3-month average volume of 20,961,500 shares. The company’s trailing P/E is 3.31, while trailing earnings are $4.25 per share.

To contact the reporter on this story: Aabha Rathee at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com