Momentum Stocks Try To Beat Views: Apple Inc. (NASDAQ:AAPL), Nokia Corporation (NYSE:NOK)

Apple Inc. (NASDAQ:AAPL) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.72% to $116.22. Apple (AAPL) has been the only major handset manufacturer that has not integrated dual-SIM functionality on its smartphones, but this may change soon. A couple of new patent filings suggest that Apple is considering adding the dual-SIM functionality to iPhones.

Forbes in a report cites two patent filings in China and US that suggest the Cupertino-based giant may launch a dual-SIM iPhone in future. The report points to a document filed with China’s State Intellectual Property Office that describes a dual-SIM card feature in iPhones that would allow two mobile numbers in a single device. The report says that the application was submitted by Apple in March earlier this year and published in September 2016. The filing further shows the inventor as Li Su who is a Principal Architect for cellular software at Apple, as mentioned on his LinkedIn profile. The share price of AAPL attracts active investors, as stock price of week volatility recorded 0.94%. The stock is going forward to its 52-week low with 31.27% and lagging behind from its 52-week high price with -1.58%.

Nokia Corporation (NYSE:NOK) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.84% to close at $4.72 with the total traded volume of 9.57 Million shares. Nokia (NOK) reported that it has recently filed a number of complaints against Apple in Germany and the US, alleging that Apple products infringe a number of Nokia patents.As one of the world’s leading innovators, and following the acquisition of full ownership of NSN in 2013 and Alcatel-Lucent in 2016, Nokia now owns three valuable portfolios of intellectual property.

Built on more than EUR 115 billion invested in R&D over the past twenty years, our tens of thousands of patents cover many important technologies used in smartphones, tablets, personal computers and similar devices.Since agreeing a license covering some patents from the Nokia Technologies portfolio in 2011, Apple has declined subsequent offers made by Nokia to license other of its patented inventions which are used by many of Apple’s products. The firm has institutional ownership of 5.40%. Its price to sales ratio ended at 1.27. NOK attains analyst recommendation of 2.40 with week performance of 1.28%.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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