“Foxconn Technology has reported consolidated revenues of NT$6.07 billion (US$188.18 million) for June 2016, representing a 6.33% drop on month but a 5.45% increase on year,” Joseph Tsai reports for DigiTimes.
Tsai reports, “The company’s stock price rose 1.82% and finished at NT$75.50 in trading on the Taiwan Stock Exchange (TSE) on July 12.”
Foxconn is a major Apple product assembler as, reportedly, over 40 percent of the company’s revenue from from assembling Apple products, including iPhones and iPads.
Read more in the full article here.
MacDailyNews Take: Potentially bodes well for Apple.
You’d think at least one troll would pop up to refute the implication that Apple sales are up; or that at least one orphaned Pro user would challenge any interpretation that Apple hardware is selling well — how could it, since it’s so far behind the curve in specs?
It must be that there are currently so very many points of attack to choose from, that meaty haunches of vulnerable flesh like this must go unchewed.