Apple’s Lead Narrows and 3 Tech Titans on the Move
Google Inc. (NASDAQ:GOOG): Current price $715.31
Facebook’s launch of their Graph Search tool, in combination with their announced alliance with Microsoft’s Bing search service, is Google Inc.’s nightmare come true. Facebook plus Bing equals a much enhanced version of Google. While Google has been able to neutralize the smartphone threat with the development of their Android operating system for phones, they will have a hard time matching that feat against Facebook’s invasion of Google’s search business.
Microsoft Corporation (NASDAQ:MSFT): Current price $27.07
Microsoft Corporation upgraded their System Center Suite to make it a hybrid cloud manager and a more complete manager of the capabilities included in Windows Server 2012 which was launched last September.
Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.
Apple Inc. (NASDAQ:AAPL): Current price $503.26
Apple Inc. is losing their massive value gap from the other giants of the industry. However, following their fall Tuesday, Apple is still worth $471 billion, making them the world’s most-valuable company. But their lead has narrowed, with No. 2 ExxonMobil about 15% behind at $408 billion. Apple was worth $662 billion at its peak.
Intel Corporation (NASDAQ:INTC): Current price $22.04
According to IHS iSuppli, Intel Corporation’s introduction of a new Atom processor platform designed to target the fast-growing market for low-end smartphones in emerging economies represents a shrewd strategy that could allow the company to expand their currently minimal market share in the industry. The platform, formerly known as Lexington, is aimed at developing regions of the world where consumers are demanding low-cost smartphones that deliver high performance and a full feature set. “By targeting the low end, Intel can attempt to address the market with the greatest opportunity for growth in the smartphone business during the next few years,” said Francis Sideco, Senior Principal Analyst for Wireless Communications at IHS.
Don’t Miss: Will Apple Shareholders Get These Answers?