Google Inc (NASDAQ:GOOGL), dropped -0.63% at closed $651.16.
Google Inc. (Google) provides its products and services in more than 100 languages and in more than 50 countries, regions and territories. The Company offers a range of products across screens and devices. The Company delivers both performance advertising and brand advertising. The Performance advertising creates and delivers relevant ads, which leads to direct engagement with advertisers.
Google Inc. (Google) is adding a veteran automotive executive to run its program focused on developing self-driving cars.
The technology giant says former Hyundai and Ford Motor Co. executive John Krafcik will become CEO of the project in late September. Krafcik most recently served as an executive at TrueCar, which provides market-based pricing information on new and used cars.
Google Inc. (Google) is competing with traditional car makers to develop self-driving vehicles.
The Mountain View, California, company has been testing self-driving cars near its Silicon Valley headquarters, and more recently in Austin, Texas. Its cars have driven more than 1 million miles on California highways or city streets.
It has promised to deliver a driverless car in five years, but many experts find that timeframe ambitious.
Google Inc. builds technology products and provides services to organize the information. The company offers Google Search that provides information online; Google Now that offers information to users when they need it; AdWords, an auction-based advertising program; AdSense, which enables Websites that are part of the Google network to deliver ads; DoubleClick Ad Exchange, a marketplace for the trading display ad space; and other advertising platforms, such as AdExchange and AdMob.
Apple Inc (NASDAQ:AAPL), added 1.73% at closed $116.24.
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services comprise iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.
Apple said Monday customer reaction to the new smartphones — which were made available for pre-order on September 12 — has been “extremely positive.”
The declared iPhone 6s and 6s Plus is approaching another sales record for the tech giant.
“We are on pace to beat last year’s 10 million unit first-weekend record when the new iPhones go on sale September 25,’ said Apple spokeswoman Trudy Miller. “As many customers noticed, the online demand for iPhone 6s Plus has been exceptionally strong and exceeded our own forecasts for the preorder period.”
China is playing a big role in the strong start for iPhone pre-orders, says FBR Capital Markets analyst Daniel Ives, citing room for growth with Apple’s 15% market share in the region and rising demand for the App Store.
“With strong initial pre-sales indications and less than 30% of customers upgrading to the iPhone 6 to date, coupled with this innovative 6s model, we believe the stage is set for Apple to catalyze growth on the heels of this super-cycle product upgrade for the coming quarters,” says Ives.
According to Reuters: Sales of Apple’s new iPhones were on pace to beat the 10 million unit sales it logged during the first weekend of sales last year, the company said on Monday.
Apple did not disclose the specific number of preorders it received. Analysts had predictable the company to log about 4.5 million preorders during the first 24 hours, in comparison with 4 million during the first day last year.
The company said demand for the iPhone 6S Plus, the larger phone, exceeded its forecasts for the preorder period.
The iPhone 6S and iPhone 6S Plus will start shipping Sept. 25.
The phones feature improved cameras and 3D touch, a display technology that responds differently depending on how hard users press their screens.
Last week Apple declared the phones, in addition to a new TV set-top box that responds to voice commands, but the new products underwhelmed many social media commentators and investors.
The new phones come a year after Apple rolled out iPhones with larger screens, touching off a sales frenzy in which revenue in the latest quarter raised 32.5 percent from a year earlier.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, watches, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones that comprise a phone, music player, and Internet device; iPad, a line of multi-purpose tablets; Mac, a line of desktop and portable personal computers; iPod, a line of portable digital music and media players, such as iPod touch, iPod nano, and iPod shuffle; and Apple Watches, personal electronic devices that combine watch technology with an iOS-based user interface.