The technology sector declined the most among the 10 groups in the S&P 500, losing 2.4 percent. Apple Inc. (NASDAQ:AAPL), the world’s most valuable company, suffered its worst fall since May 18 and first weekly drop since July.
Are you one of those Apple Inc. fans, who wish to own the iPhone5 prior to its official launch in India? There are some good deals available for you. Online sellers in India are offering the latest Apple Inc. (AAPL) sixth-generation handset at a premium.
Though there are not many websites, which are selling the most recently released smartphone from Apple Inc. (NASDAQ:AAPL), but Rediff Shopping seems to be selling it at the lowest price. shopping.rediff.com allows buyers to buy the 16GB iPhone5 model at Rs 54,990. On the other hand, the same model is being sold at Rs 59,500 by Tradus.com. However, their price of 32GB model stands at Rs 73,599 and the 64GB iPhone5 model at Rs 86,699.
Further, the iPhone5 16GB can be grabbed from eBay India for Rs 59,990, the 32GB model for Rs 67,990 and the 64GB version for Rs 76,990. While these online shopping websites seem to be selling at a little steep, reports revealed that some Indian iPhone devotees were ready to pay almost Rs 1.2 lakh to own the iPhone5 within days of its initial launch.
Dell Inc. (NASDAQ:DELL) traded near lows as it officially completed purchase of Quest Software. Shares of this company traded down -1.84% during trading Friday, hitting $10.04. The stock has a 52 week low of $9.78 and a 52 week high of $18.36. The company has a market cap of $17.09 billion and a P/E ratio of 5.83. The P/S ratio is 0.28 and P/B ratio 1.75. Dividend yield stands at 3.25 percent. The beta value is 1.39. DELL’s RSI amounts to 28.34.
Clearwire Corporation (NASDAQ:CLWR) plunged after Time Warner Inc. (NYSE:TWC) decided to sell 46.4 million shares of CLWR stock. The company has a market value of $1.96 billion. It employs 914 people, over the last 12 months has generated revenue of $1.33 billion and has a net income of -$644.73 million. The firm’s operating margin is -117.38 percent and net profit margin -158.58 percent. The latest closing price of its shares moved up 1.62% from the 50-day moving average.
Accenture Plc (NYSE:ACN) jumped to new high after reporting upbeat financial results and outlook. For this company, a return of 66.17 percent on equity was realized due to the financial situation. Last twelve months’ earnings per share reached a value of $3.87. Last fiscal year, $1.35 has been paid in form of dividends to investors. Earnings are projected to move up 10.28 percent for the coming five years. The stock closed at $70.03, up 4.65 points or 7.11% from previous close and at a distance of +8.88% from 20-day simple moving average.
Seagate Technology PLC (NASDAQ:STX) declined on Friday amid PC demand concerns. In the last trading session, the stock’s price moved 28.47% above their 200 day moving average, changing hands as low as $30.80 per share. The stock is currently trading -1.35% down their SMA50. The worst hit in its 52 week range is $9.05 per share, with $35.71 being the 52 week best price, which compares with a latest closing price of $30.96. The Beta of this stock is 2.38.