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HEXUS.sharewatch: Nokia and Cisco gain despite challenges

by Scott Bicheno on 11 April 2011, 14:48

Tags: Cisco (NASDAQ:CSCO), Nokia (NYSE:NOK)

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It was a relatively quiet week on terms of change, but that didn't mean there weren't plenty of sub-plots.

Chief among them was the acknowledgement, or otherwise, of challenges faced by certain companies. Cisco CEO John Chambers published an internal memo, in which he revealed that he thinks Cisco has taken its eye off the ball in some areas, and needs to refocus. Cisco's stock went up over three percent last week.

Nokia was faced with the humiliation of being overtaken in terms of market cap by rival handset-maker HTC last week, but such is its continued public vowing to repair its situation in the smartphone market that investors were unperturbed by this news.

The current consensus seems to be that NVIDIA, and specifically its Tegra 2 chip, still face some major challenges to its mid-term success, mainly from Apple. This may have contributed to the fall in NVIDIA's shares, although Apple's didn't do much better.

 

Company Listing Share price 21/3/11 Share price 28/3/11 Share price 4/4/11 Share price 11/4/11 7-day change Market cap (bn)
AMD AMD 8.55 8.88 8.36 8.47 1.3% 5.81
Apple AAPL 330.67 351.54 344.56 335.06 -2.8% 308.68
ARM ARMH 24.85 26.51 27.92 28.52 2.1% 12.79
Avnet AVT 32.03 33.84 33.64 34.26 1.8% 5.21
Cisco CSCO 17.14 17.28 17.04 17.65 3.6% 97.57
Dell DELL 14.51 15.06 14.34 14.57 1.6% 27.78
Google GOOG 561.06 579.74 591.80 578.16 -2.3% 185.89
HP HPQ 41.32 42.53 40.98 40.70 -0.7% 88.07
IBM IBM 155.89 162.18 164.27 164.05 -0.1% 200.06
Ingram Micro IM 19.83 20.62 20.91 21.09 0.9% 3.36
Intel INTC 19.93 20.37 19.72 20.02 1.5% 109.87
Microsoft MSFT 24.80 25.62 25.48 26.07 2.3% 219.05
Nokia NOK 8.28 8.35 8.55 9.02 5.5% 34.27
Nvidia NVDA 17.62 18.63 18.20 17.55 -3.6% 10.38
Oracle ORCL 30.76 32.64 34.02 33.54 -1.4% 169.73
Qualcomm QCOM 51.71 52.75 54.47 53.63 -1.5% 88.15
Tech Data TECD 48.37 49.78 50.98 52.29 2.6% 2.45
Dow .DJI 11858.52 12220.59 12376.72 12380.05 0.0% N/A
FTSE 100 .FTSE 5718.13 5900.76 6009.92 6055.75 0.8% N/A
NASDAQ .IXIC 2643.67 2743.06 2789.60 2780.42 -0.3% N/A


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