QUALCOMM Incorporated (NASDAQ:QCOM) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.00% to close at $56.65 with the total traded volume of 2.62 Million shares. Qualcomm Technologies, a subsidiary of Qualcomm Incorporated (QCOM), Ericsson (ERIC) and NTT DOCOMO (DCM) reported plans to conduct interoperability testing and over-the-air field trials in Japan based on the 5G New Radio specifications being developed by 3GPP.
Qualcomm also reported that it and Mercedes-AMG Petronas Motorsport are conducting field trials to test high-speed wireless download of vehicle sensor information utilizing 802.11ad Wi-Fi technology in the 60 GHz band. The firm has institutional ownership of 80.40%, while insider ownership included 0.17%. Its price to sales ratio ended at 3.56. QCOM attains analyst recommendation of 2.40 with week’s performance of 0.60%.
Sony Corporation (NYSE:SNE) [Trend Analysis] plunged reacts as active mover, shares a decrease -0.52% to traded at $30.77 and the percentage gap between open changing to regular change was -0.03%. Apart from four Xperia smartphones, Sony (SNE) reported that a new projector and unveiled a new open-style earbuds at MWC 2017. The new projector is being called Xperia Touch and it essentially is a projector running on Android that turns any flat surface into a touchscreen.
The Xperia Ear Open-style Concept wireless earbuds essentially lets surrounding noise in, something that other audio equipment try to aggressively tune out. Sony kicked off its event by launching these two new products, and the Xperia Touch is unique device coming out of the smartphone-favouring MWC. The interactive Android projector offers multi-touch support and can project a 23-inch HD image onto most surfaces.
Sony uses SXRD projection display technology for fast response times, and can capture motion at 60fps on its 13-megapixel Exmor RS camera. You can also download apps from the Google Play Store and comes with Skype and PlayStation 4 support as well. In its demo video, it shows how a kid uses the table as a drawing board, a mother uses it to browse recipes on the table top, and a Skype call is projected on the wall.
The firm’s current ratio calculated as 0.90 for the most recent quarter. The firm past twelve months price to sales ratio was 0.59 and price to cash ratio remained 2.45. As far as the returns are concern, the return on equity was recorded as -1.80% and return on investment was 5.80% while its return on asset stayed at -0.30%. The firm has total debt to equity ratio measured as 0.50.