Intel and 4 Tech Super Stars Exciting CES
Microsoft Corporation (NASDAQ:MSFT) has paused talks with media companies about an online TV and movie subscription service, after concluding that licensing was too costly for its planned business model, Reuters reported. MSFT shares recently traded at $27.83, down $0.01, or 0.04%. They have traded in a 52-week range of $23.65 to $29.46.
Apple Inc. (NASDAQ:AAPL) is hosting an “education event” for media at the Guggenheim Museum on January 19. “Sources close to the company tell AllThingsD that the event will involve an initiative related to iBooks in education, presumably with some sort of tie-in to iTunes U. Details beyond that are slim, though we’re told that this is an effort in which Jobs had been involved with in the months prior to his death. That could mean that it’s the textbooks-on-iPads plan that Jobs famously discussed with biographer Walter Isaacson.” AAPL shares recently traded at $420.65, down $2.59, or 0.61%. They have traded in a 52-week range of $310.50 to $427.75.
Intel Corporation (NASDAQ:INTC) announced several improvements across its smartphone business, including a handset by Lenovo (LNVGY) based on the company’s new Intel Atom processor platform, and a strategic multi-year, multi-device relationship with Motorola Mobility (NYSE:MMI). INTC shares recently traded at $25.68, up $0.09, or 0.35%. They have traded in a 52-week range of $19.16 to $25.92.
Research In Motion Limited (NASDAQ:RIMM): A long-awaited pending software update that will deliver BlackBerry Messenger and Android app support, has Sterne Agee’s Shaw Wu — who downgraded Research In Motion in November — upbeat but tentative about the forecast for the company’s PlayBook tablet. The success of the Kindle Fire and the iPad, and the threat of many would-be rivals, may have caused the PlayBook to miss its big chance. RIMM shares recently traded at $15.66, up $0.15, or 0.97%. They have traded in a 52-week range of $12.45 to $70.54.
QUALCOMM Incorporated’s (NASDAQ:QCOM) CEO marked encroachment into rival Intel’s (NASDAQ:INTC) territory with an announcement during the Consumer Electronics Show that the company’s latest Snapdragon processor would be in laptops by the end of this year. Meanwhile, Intel’s CEO, while speaking at the event, introduced the first smartphone to use its Atom chips. QCOM shares recently traded at $55.77, up $0.02, or 0.04%. They have traded in a 52-week range of $45.98 to $59.84.
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