New York (December 19th, 2012) - Apple Inc. (NASDAQ: AAPL) 533.90 +15.07 (2.90%) . AAPL Inc.’s (NASDAQ:AAPL) launch of its new iPhone 5 model in China this week was met with initial sales of over two million units, which RBC Capital Markets has declared as “A positive as the company continues to outpace the previous iPhone 4S launch.” The launch will most likely lay the foundations for a successful December quarter.
Apple Inc. (Apple), along with its subsidiaries, is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. It also sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications.
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Sirius XM Radio Inc (NASDAQ: SIRI) 2.96 +0.04 (1.37%) SIRI initiated with a Buy by analysts at Goldman. Sirius XM Radio Inc. broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. Subscribers can also receive certain of its music and other channels over the Internet, including through applications for mobile devices.
As of December 31, 2011, it had 21,892,824 subscribers. In June 2011, Canadian Satellite Radio Holdings Inc. (CSR), the parent company of XM Canada, and Sirius Canada completed a transaction to combine their operations.
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