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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Apple Inc | NASDAQ:AAPL | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
10.75 | 6.21% | 183.78 | 183.35 | 184.00 | 187.00 | 182.66 | 186.645 | 163,224,774 | 05:00:00 |
--Apple Inc. (AAPL) and Amazon.com Inc. (AMZN) are in licensing discussions regarding investing in Saudi Arabia, according to Reuters, citing unnamed sources.
--A licensing agreement for Apple stores with SAGIA, Saudi Arabia's foreign investment authority, is expected by February, Reuters says, with a 2019 target for the first retail store.
--Amazon's talks, which are at an earlier stage than those of Apple, are being led by Amazon Web Services, the company's cloud-computing division, and as of yet, there is no specific date set for Amazon's investment plans, Reuters says.
--While at present neither company has a direct presence in Saudi Arabia, both Amazon and Apple sell products in the country through third parties, according to Reuters.
Full story: http://reut.rs/2Cj1pKY
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
December 28, 2017 05:58 ET (10:58 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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