Western
Digital shares declined 4 percent Friday to close at $ 81.17 in New York.
Not exact matches
Apple competes with services like Vudu and Amazon's Prime in the market for
digital video rentals and sales, with Apple's
share of that market
declining in recent years amid increased competition.
Before news of Barnes & Noble's plan to explore alternatives,
shares had
declined about a third this year in the face of concerns that the growing
digital - books market and competition from Amazon.com Inc. would squeeze out its 720 bricks - and - mortar stores while also leaving it with little market
share in the
digital world, where its Nook e-book reader followed in the footsteps of Amazon's Kindle.
With the eBook market
share stabilizing at about 30 % of sales and the
decline in the number of retail bookstores new publishers have forsaken traditional inventory based publishing for
digital publishing and print on demand (POD).
- Nintendo is the «cheapest game stock in the world» - Nintendo has a ¥ 6.43 trillion ($ 58.7 billion) market cap and is trading at ¥ 46,370 a
share ($ 424.15 - Nintendo posted 2018 fiscal year results which included 2018 Q3 operating profit of ¥ 178 billion - this beat the consensus of ¥ 169 billion by 67 % - Nintendo issued a conservative operating profit guidance and the stock
declined 2 % Thursday - Goyal maintains his 12 - month price target of ¥ 79,900, which exceeds the average analyst price target of ¥ 59582 - Goyal believes value could more than triple in 2 years, driven by Switch,
digital titles, and mobile games - if Pokemon Switch hits this fiscal year, final Switch shipments for FY3 / 19e could well exceed co-guidance of 20m
Its rise in market
share and market cap coincides with the
decline at Countrywide (for more, see Traditional vs Tech: How the U.K.'s biggest real estate incumbent is reacting to
digital disruption).