Boston, MA, 02/20/2014 – Apple Inc. (NASDAQ:AAPL) is eyeing cars and medical devices as its next destination to grow revenue from. As the market for iPhone and iPads languishes and customers are in look-out to see something new from the largest mobile devices developer, Apple is planning to diversify its product offering through entering car and medical devices market. Speculations are already high over Apple acquiring Tesla motors. And, the other news unfolding is that Apple Inc. (NASDAQ:AAPL) is exploring options in medical devices and sensors to help predict heart attacks through observing blood flow sound. Apple is expected to introduce its mid-range smartphone iPhone 6 and wearable device iWatch by middle of this year.
NVIDIA Corporation (NASDAQ:NVDA) is upbeat as the new research report published by Jon Peddie Research, which states that the desktop graphic cards from Nvidia continue to reign the market. Also, the positive is that the declining PC sales slowed slight reversal in trend last quarter as after constant tumbling, PC Sales grew 1.8% in fourth quarter 2013 from the previous quarter. NVIDIA Corporation (NASDAQ:NVDA), in particular witnessed strength in desktop shipments and notebook graphics to 3.6% and 3.4% respectively over the last quarter, however it still trail behind AMD.
Turquoise Hill Resources Ltd (NYSE:TRQ) cited post-commissioning charges as the reason for declining sales volume at its OyuTolgoigold and copper mine in Mongolia. It said that the Mongolian mine production could drag on account of the halt of one line for the period of six to eight weeks. Turquoise Hill has also proposed Mongolian government to restart underground development of OyuTolgoi even as it is underway the negotiations with the government to resolve the remaining issues, which caused the project to suspend in July’2013. But, the project might hit further delays if the outstanding shareholder issues are not settled within the lender commitment timeframe of the existing project finance arrangements.