3 Tech Stock Stories Making Waves During a Busy Earnings Week
Verizon Communications Inc. (NYSE:VZ): Closing price $50.36
At a Tuesday press conference in New York, Verizon unveiled its new line of Motorola (NASDAQ:GOOG) Droid phones. The new products include the Droid Maxx flagship, the Droid Ultra, and the Droid Mini. Pre-orders also begin Tuesday, and the devices will ship on August 20. Observers seemed to think that the the Droid Maxx was the central focus of the show. On the surface, the device is said to resemble a typical high-end handset, featuring a unibody design and 5-inch AMOLED Gorilla Glass screen, having 720×1,280-pixel resolution. Inside the device’s 8.5mm-thick construction is the Droid Maxx’s trump card, a huge 3,500mAh battery that boasts 48 hours of continuous battery life.