As the owner ship concerns stock institutional ownership remained 68.06% while insider ownership included 0.03%. The share capital of AAPL has 937.41 million outstanding shares amid them 936.90 million shares have been floated in market.
Apple Inc. (NASDAQ:AAPL) declared it has cut its orders for memory chips for its new iPhone from its major supplier and rival Samsung Electronics, according to a source with direct knowledge of the matter on Friday.
Samsung is a major Apple supplier, making micro processors, flat screens and memory chips both DRAM (dynamic random access memory) chips and NAND memory chips for the iPhone, iPad and iPod.
Apple has been reducing back its orders from Samsung as it looks for to diversify its memory chip supply lines, even though the South Korean company stays on the list of initial suppliers for the new iPhone, the source told Reuters. The person dropped to be appoints for the reason that the negotiations are confidential.
For investors focus on the performance of the stocks so the AAPL showed weekly ahead performance of 2.50% which was maintained for the month at 10.24%. Correspondingly the positive performance for the quarter was remained 17.76% and if took notice on yearly performance that was 77.89% whereas the year to date performance halted at 68.73%.
As the moving toward the returns measures returns on Investment ratio is significant measure which investor should have in consideration, the AAPL return on investment was recorded as 38.27% as compare to its rivals has Intel Corporation (NASDAQ:INTC)’s ROI 21.09%, Micron Technology, Inc. (NASDAQ:MU)’s ROI -5.65%, Sprint Nextel Corporation (NYSE:S)’s ROI -9.36%, Cisco Systems, Inc. (NASDAQ:CSCO)’s ROI 11.20%.
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