Seagate Technology plc (NASDAQ:STX) [Trend Analysis] knocking active thrust in leading trading session, shares an advance of 0.37% to 35.23 with about 5.15 Million shares have changed hands in this session. Seagate Technology plc (STX) reported on Tuesday that it expects first quarter income to be $2.8 billion. Earlier, the firm was looking for income of $2.7 billion. Seagate expects to report HDD exabyte shipments of about 67 exabytes, reflecting unit shipments of about 39 million and average capacity per drive of 1.7 terabytes.
The firm expects its operating expenses for the September quarter to raise sequentially from the June quarter primarily due to higher variable compensation related to better financial performance. The stock is going forward its fifty-two week low with 94.63% and lagging behind from its 52-week high price with -22.41%.
Same, the positive performance for the quarter recorded as 22.82% and for the year was -21.12%, while the YTD performance remained at 2.99%. STX has Average True Range for 14 days of 1.22.
Sony Corporation (NYSE:SNE) [Trend Analysis] retains strong position in active trade, as shares scoring -0.24% to $32.70 in a active trade session, while looking at the shares volume, about 566232 shares have changed hands in this session. Sony (SNE) India as promised on Tuesday started the sale of its flagship smartphone, the Xperia XZ, in the country. Priced at Rs. 49,990, the Sony Xperia XZ is now accessible to buy via Amazon India and retail stores across the country. The new Sony flagship was unveiled late last month, and comes with an MRP of Rs. 51,990. Consumers who pre-booked the smartphone will get a free Sony SWR30 SmartBand worth Rs. 8,990 with their Xperia XZ unit.
The biggest highlight of the Xperia XZ is its three rear camera sensors. According to Sony, the CMOS sensor can track and predict movement of objects in frame, reducing the chances of blurred shots. The smartphone also packs a laser autofocus sensor which makes the camera better at locking focus on objects, especially in low-light conditions; and the RGBC-IR sensor aims to provide accurate colour reproduction. All this is backed by the 6-element f/2.0 Sony G lens, and a 23-megapixel Exmor RS sensor as well as Sony’s own ‘Bionz for mobile’ image processor. You now also get manual control over focusing and shutter speed. The firm has institutional ownership of 6.80%. SNE attains analyst recommendation of 1.00 with week’s performance of -0.73%. Investors looking additional ahead will note that the Price to next year’s EPS is 231.75%.