Bank of America Corp
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Financials : Banks | Large Cap Value
Company profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Premarket

Last Trade
Delayed
$36.53
0.03 (0.08%)
Bid
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Market Hours

Closing Price
$36.50
Day's Change
0.00 (0.00%)
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Day's High
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Day's Low
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Volume
(Light)
Volume:
4,788

10-day average volume:
60,885,776
4,788

Apple eclipses Samsung as top smartphone vendor for the first time in four years, says Gartner

10:46 am ET February 22, 2021 (MarketWatch)
Print

By Emily Bary

Apple had a 20.8% share of the smartphone market in the holiday quarter, compared with Samsung's 16.2% share

The introduction of Apple Inc.'s iPhone 12 family helped the smartphone giant overtake Samsung Electronics Co. Ltd. as the top smartphone vendor in the holiday quarter, according to Gartner, marking Apple's first time holding down the top position in four years.

Apple (AAPL) had a 20.8% share of smartphones sold during the calendar fourth quarter, Gartner analysts said Monday, while Samsung had a 16.2% share.

Overall smartphone sales in the fourth quarter dipped 5.4%, per the analysts. "Even as consumers remained cautious in their spending and held off on some discretionary purchases, 5G smartphones and pro-camera features encouraged some end users to purchase new smartphones or upgrade their current smartphones in the quarter," Gartner Senior Research Director Anshul Gupta said in a release.

The analysts at Gartner expect that the growing availability of and demand for lower-end 5G smartphones outside of China will drive smartphone industry growth for 2021, following a 12.5% decline in smartphone sales during 2020.

Apple shares have gained 8.2% over the past three months as the Dow Jones Industrial Average has risen 7.5%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

February 22, 2021 10:46 ET (15:46 GMT)

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