Sector Update: Technology Shares Higher Pre-Market; Apple Gets Boost From China Mobile iPhone Pre-Orders

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Top Technology Stocks:

MSFT: +0.31%

AAPL: +1.56%

IBM: +0.51%

CSCO: +0.36%

GOOG: +0.27%

Technology shares are solidly higher in pre-market trading today.

In technology stocks news, Workday Inc ( WDAY ), a provider of enterprise cloud-based applications for human capital management (HCM), payroll, and financial management, among others, has priced its previously announced underwritten registered public offering of 6,000,000 shares of its Class A common stock at a price to the public of $89.00 per share.

Closing of the offering is expected to be on Jan. 21, 2014, subject to customary closing conditions.

And, China Mobile ( CHL ) has received about 1.2 million orders for its iPhones after a new partnership between China Mobile and Apple ( AAPL ), according to several reports this morning.

Even without the China Mobile sales, Apple CEO Tim Cook says iPhones hit a record level in Greater China in the first quarter.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: AAPL , CHL , WDAY

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