Recently Apple Inc. (NASDAQ:AAPL) advertized its achievement in the classroom by introducing that it has sold over 8M iPads to educational institutions globally. However, one firm thinks that the iPad and other similar tablets are distant from ideal learning devices for K-12 classrooms, and believes that it can do further better.
To Intensify this move, News Corp (NASDAQ:NWSA)’s education division that focuses on making digital products for classrooms, released a 10-inch Android-powered tablet, specially designed to assist teachers and students be as creative as likely.
CEO of Amplify Joel Klein stated that whereas there are other tablets elsewhere, they are, for the most part, consumer goods recycled for an education market. Department of Education, reported during a press briefing that this one is different. It’s a new tablet based education platform intended specifically for the classroom and the school day.
Let’s have a short overview of the financial highlights of the stock, Shares of Apple Inc increased 2.64% to settle at $431.14 on March 5, 2013.
AAPL is associated with S&P 500 with 72800 employees. Sales of AAPL were 164.69 billion with net income of 41.75 billion and offer a dividend of $10.60.
AAPL stock surged during the trade to the maximum level at $435.19 and at the lowest level of $420.75 after opening price of $421.48. AAPL has earning per share of $44.10while it has 939.06 million shares outstanding with institutional ownership of 64%.
The price to sales ratio of AAPL in past twelve months was calculated as 2.46 and price to cash ratio remained 10.17. While retunes ratios are concerned, the AAPL return on equity ratio is recorded as 38.41% and increased 32.96% return on investment while its return on asset remain 24.94%.