iPhone swoon? Not so fast:

“Foxconn’s Hon Hai is now on track for the fastest annual revenue growth since 2012,” Bloomberg’s Tim Culpan has posted via Twitter. “Apple has accounted for around 50% of sales throughout that time thanks to iPhone.”

Foxconn’s Hon Hai just reported Nov sales:

• 2nd highest monthly on record
• +5.6% Y/y
• +2% M/m
• Oct+Nov +12.9% Y/y
• YTD +16%


In addition, Culpan reports, Apple supplier Pegatron today announced year over year revenue growth of 43.01% for November.

MacDailyNews Take: We’ll just leave this here.

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Apple’s iPhones may be selling better than Wall Street bears think – December 7, 2018
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The pessimism and hypocrisy surrounding Apple is endless – November 28, 2018
Here’s why Apple is ending unit sales reporting of Mac, iPhone, and iPad – November 28, 2018
The end of iPhone, Mac, and iPad unit sales reporting is not bad news for Apple – November 27, 2018
Is Warren Buffett adding to Apple under $175? – November 26, 2018
Explaining the recent Apple selloff, and why the stock looks undervalued – November 23, 2018
Apple is no longer worth anywhere near one trillion dollars – November 23, 2018
In the darkest hour of Apple’s ‘white-knuckle period,’ some investors are loving it – November 21, 2018
Misreading Apple’s supply chain and iPhone XR demand – November 15, 2018
iPhone XR production cuts not due to soft demand – analyst – November 10, 2018
Nikkei claims iPhone XR production cuts, Apple stock drops over 3% – November 5, 2018

[Thanks to MacDailyNews Readers “Fred Mertz,” “Sarah,” and “Riffraff” for the heads up.]