Can Amazon.com, Inc (NASDAQ:AMZN) & Apple Inc (NASDAQ:AAPL) Shake Hands?

Posted by Lynn Eisler October 9, 2013 0 Comment 1086 views


Amazon.com, Inc (NASDAQ:AMZN) sure knows how to keep its customers coming back for more. Google has been very busy with its Chromecast promotion. The compatibility has also been extended to the Hulu Plus application. And luckily for people who live outside the U.S, thanks to Amazon.com, Inc (NASDAQ:AMZN), laying their hands on the Chromecast Dongle is not going to be a challenge.

The company has commenced shipping the Chromecast dongles outside the United States and there will also be no major markup fees. Users across Australia, Europe and China said that they have been able to place their Chromecast orders successfully and have not faced any specific issues with it. Though Google might start selling this device directly across the globe, at the moment, Amazon.com, Inc (NASDAQ:AMZN) seems to be the best option for it.

Tuesday’s trading

In Tuesday’s trading, Amazon.com, Inc (NASDAQ:AMZN) dropped by 2.19%. The opening price of the shares was $311.50, which climbed to an intraday high of $311.55 and dipped to a close of $303.23. Approximately 3.17 million shares were traded on Tuesday while an average volume of 2.12 million shares were traded over a 30 day period. The 52-week low of Amazon.com, Inc (NASDAQ:AMZN) shares is $218.18 and its 52-week high is $2.12.

Apple on the move

The technology space has been extremely busy lately and apart from its recent iPhone 5C and 5S launches, news has it that Apple Inc (NASDAQ:AAPL) is slated to hold its iPad event on 22 October. Apart from the latest iPads, the redesigned Mac Pro and OS X mavericks will also be showcased there.

Tuesday’s trading

Apple Inc (NASDAQ:AAPL) dropped by 1.40%. The shares opened at a price of $489.94 which rose to an intraday high of $490.64 and dropped to a close of $480.94. Approximately 10.39 million shares were traded on Tuesday while an average volume of 13.99 million shares were traded over a 30 day period. The 52-week low of Apple Inc (NASDAQ:AAPL) shares is $385.10 and its 52-week high is $652.79.



About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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