Top Technology Stocks:
Technology shares were generally flat to higher in pre-market trade Monday.
In technology stocks news, Apple ( AAPL ) is just higher in pre-market trade after Barron's publishes a positive story on the company over the weekend.
Barron's believes AAPL will benefit from the new iPhone 6, which is expected to be introduced on Sept. 9. It cites a survey from Robert W Baird showing that many users are interested in buying the new phone.
And, China Mobile Games and Entertainment Group ( CMGE ), which develops smartphone games, reported Q2 results that were ahead of the Street view.
Basic and diluted earnings per American depositary share, were RMB1.76, or US$0.28, and RMB1.66, US$0.27, respectively, compared with basic and diluted loss per ADS of RMB0.66 in Q2 2013. The Street expected earnings of $0.22 per share, according to Capital IQ estimates.
Finally, Sky-mobi ( MOBI ) reported Q2 revenues that increased over Q2 2013, fueled by growth from the smartphone business.
The China-based mobile application developer reported Q2 earnings per ADS of $0.04 and total revenues of US$27.4 million, or RMB170.2 million, an increase from RMB125.2 million in the prior year period. Analyst estimates were not available.
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