NEW YORK (
rose 0.8% to $347.70 in pre-market trading Friday, as new shipments of the iPad 2 started to arrive in Apple stores and third-party retail locations in the U.S., according to blog
Boy Genius Report
. Apple's online store has also moved
for the device to 3-4 weeks from 4-5 weeks.
Research In Motion
( RIMM) dropped 10.9% in pre-market trading Friday after its guidance for the current quarter
of analyst expectations, despite its report of beating fourth-quarter earnings estimates.
The BlackBerry-maker issued first-quarter guidance of $1.47 to $1.55 a share on revenue of $5.2 billion to $5.6 billion, below analyst expectations of $1.65 a share on sales of $5.642 billion.
RIM also said it will allow Android applications to run on its new PlayBook device, which will be released April 19.
fell 1% to $226.83 in pre-market trading Friday after cable channel Starz said it would delay its shows from becoming available on Netflix and other Internet services to which it licenses content. The move comes as networks and cable operators are
about competition from Netflix, particularly as the firm explores developing original content.
jumped 4.5% in pre-market trading Friday to $33.60 after
for the third quarter.
The software giant reported an adjusted profit of $2.76 billion, or 54 cents a share, up from $1.95 billion, or 38 cents a share during the year-ago period. Revenue rose 37% to $8.8 billion in the latest quarter from $6.4 billion last year.
The average estimate of analysts polled by Thomson Reuters was for earnings of 50 cents a share on revenue of $8.67 billion.
increased 1.4% in pre-market trading after announcing it had struck a deal with a Chinese company to open 75 new screens there. The company is attempting to open 300 screens in China in the next five years.
--Written by Olivia Oran in New York.
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