“Strong iPhone 6 sales lifted annual net profit at Pegatron Corp, the Taiwanese assembler of Apple Inc, to a record high, as its chief executive questioned the company’s reliance on smartphones to generate revenue,” Michael Gold reports for Reuters.

“Pegatron on Monday said 2014 net profit rose 53.4 percent from the previous year to T$14.66 billion ($466.8 million),” Gold reports. “Asked about Pegatron’s reliance on smartphones, Chief Executive Jason Cheng told an earnings briefing Pegatron was taking advantage of a good business opportunity.”

But he added: ‘It’s definitely not a good thing to be too concentrated on just a few clients. But you can’t avoid the fact that mobile phones have been fast sellers. When good business comes your way, how can you not take it?'” Gold reports. “‘They should be careful about their reliance on Apple,’ said Fubon Securities analyst Arthur Liao, who estimates Apple products contributed as much as 59 percent to Pegatron’s revenue last year.”

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MacDailyNews Take: It’s far better to be an iPhone have than an iPhone have-not.