Tech Stocks In News: Apple Inc. (NASDAQ:AAPL), Nokia Corporation (ADR) (NYSE:NOK), BlackBerry Ltd (NASDAQ:BBRY), Tesla Motors Inc (NASDAQ:TSLA)


Apple Inc. (NASDAQ:AAPL) has unveiled their new iOS in the car project – CarPlay. The system will be implemented into Ferrari, Mercedes-Benz and Volvo cars and allows drivers to make phone calls, listen to voicemails, read out messages, play music from iTunes and various streaming services, and access Maps, all using Apple’s Siri virtual assistant technology. On last trading day Apple Inc. (NASDAQ:AAPL) ended up 0.29% higher to close at $527.76 while trading in the range of $522.81 – $530.65. Its return on assets (ROA) is 17.90% while return on investment (ROI) is 25.50%. Apple Inc. (NASDAQ:AAPL) monthly performance is 6.23%.

Nokia Corporation (ADR) (NYSE:NOK) is slowly introducing its budget-friendly phablet, the Nokia Lumia 1320, in several regions worldwide. The latest one to get the phablet is Ireland where it will launch on O2. The handset is priced at €329.99 on prepay and free for users who want to get it on bill pay. Nokia Corporation (ADR) (NYSE:NOK) in last trading activity ended up at $7.59 with day range of $7.45 – $7.59. Company weekly performance is -0.39% while its quarterly performance stands at -5.24%. Nokia Corporation (ADR) (NYSE:NOK) is -7.44% away from its 52 week high.

Blackberry Ltd (NASDAQ:BBRY)’s enterprise marketing manager, Luke Reimer, said: “We’ve taken a look at how best to meet our goals with Blackberry events and we will not be hosting a Blackberry Live conference in 2014.” BlackBerry Ltd (NASDAQ:BBRY) belongs to Technology sector with market capitalization of 5.46 B and has 15.01% insider ownership. In last trading activity company’s stock closed at $ 10.37 while opening price was $9.73.

Tesla Motors, Inc (NASDAQ:TSLA) the US manufacturer and seller of electric cars recently contacted NARI Technology Development to discuss a collaborative project with Tesla’s charging business for its electric cars in China, according to sources cited by Shanghai-based China Business News. On Monday shares of Tesla Motors Inc (NASDAQ:TSLA) opened at $237.26 and closed at $250.56. This year Company’s Earnings per Share (EPS) growth is 83.20% and next year’s estimated EPS growth is 106.07%. Analysts mean target price for Tesla Motors Inc (NASDAQ:TSLA) is $222.67.

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