Apple (AAPL), Amazon (AMZN) Shares Tick Lower on Microsoft/B&N Deal
Tweet Send to a FriendGet Alerts MSFT Hot Sheet
Price: $34.99 -0.26%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +17.7%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +17.7%
Trade MSFT Now!
Following the NOOK deal between Microsoft (Nasdaq: MSFT) and Barnes & Noble (NYSE: BKS), the stocks of several rivals are ticking lower Monday morning.
Down in pre-market trade are: iPad maker Apple (Nasdaq: AAPL), Google (Nasdaq: GOOG) and Amazon.com (Nasdaq: AMZN).
NOOK currently runs on Google's Android mobile OS and Amazon makes the Android-based Kindle series of e-Readers, including the colorful Kindle Fire.
Also of note, a broader version of a Microsoft/B&N deal with Microsoft simply scooping up B&N was mulled last January. The advantage of a full-on acquisition by Microsoft would be the ability to get broader brick-and-mortar exposure in an effort to create a solid physical presence to rival Apple stores.
Barnes & Noble shares have nearly doubled early Monday morning while Microsoft shares are also trading higher.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Down in pre-market trade are: iPad maker Apple (Nasdaq: AAPL), Google (Nasdaq: GOOG) and Amazon.com (Nasdaq: AMZN).
NOOK currently runs on Google's Android mobile OS and Amazon makes the Android-based Kindle series of e-Readers, including the colorful Kindle Fire.
Also of note, a broader version of a Microsoft/B&N deal with Microsoft simply scooping up B&N was mulled last January. The advantage of a full-on acquisition by Microsoft would be the ability to get broader brick-and-mortar exposure in an effort to create a solid physical presence to rival Apple stores.
Barnes & Noble shares have nearly doubled early Monday morning while Microsoft shares are also trading higher.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- J.P. Morgan (JPM) CEO Dimon Might Have Enough Votes to Stay Chairman - NY Times
- UPDATE: Move Inc (MOVE) Higher, Citron Says Long on Twitter
- UPDATE: Cubist Pharmaceuticals (CBST) Spikes to Session Highs
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkRelated Entities
KindleLogin with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!

