This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Apple, Sina, BlackBerry: Tech Winners & Losers

(Updates from 2:58 p.m. ET with closing information.)

NEW YORK ( TheStreet) -- Apple ( AAPL ) was popping 3.52% to $431.91 as the smartphone giant reportedly gets ready for its first debt sale in nearly two decades, with Goldman Sachs and Deutsche Bank taking the lead in the deal.

In product news, the company is reportedly prepping plans to launch the next version of the iPhone for a summer release, according to AppleInsider and French Web site Nowhereelse.fr.

KGI Securities analyst Ming-Chi Kuo, who is as tied in with the Apple supply chain as anyone, says Apple may update its MacBook computers at its Worldwide Developer Conference event in June.

Sina ( SINA ) was surging 12.23% to $56.45 after the Chinese Internet company announced that through a subsidiary, Alibaba has invested $586 million in Weibo, akin to Twitter, giving it an 18% stake in Sina's micro-blogging platform. Sina has given Alibaba the option to increase that stake to 30%.

Google ( GOOG ) was up 2.53% to $821.67, with the Internet giant announcing it's rolling out its Google Now personal assistant service for the iPhone and iPad, available through the Google Search app for iOS.

BlackBerry ( BBRY ) was rising 2.93% to $15.46 after RBC analyst Mark Sue upped his full-year estimates for the company and Jefferies analyst Peter Misek reiterated his "buy" rating on the stock on positive feedback on the launch of the Q10 with keyboard in the U.K. last week. U.K. department store Selfridges said that the Q10 launch is its "fastest-ever selling consumer electronics product."

Microsoft (MSFT) was gaining 2.22% to $32.49 and IBM (IBM) was tacking on 2.37% to $198.92.


Closing prices: AAPL ended the day 3.1% higher at $430.12, SINA rose 9.4% to $55.03 and GOOG was up 2.2% to $819.06. BBRY rose 3.9% to $15.61 and MSFT ended the day 2.6% higher at $32.61.

Written by Andrea Tse in New York

>To contact the writer of this article, click here: Andrea Tse.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,172.68 -107.06 -0.62%
S&P 500 1,994.29 -16.11 -0.80%
NASDAQ 4,527.6890 -52.10 -1.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs