“Hon Hai’s November revenue of NT$601.4 billion ($19.5 billion) was a record for the month and takes January-November sales growth to almost 16 percent — on track for its fastest pace of annual growth in years,” Wu reports. “Apple accounts for close to half of main iPhone-assembler Hon Hai’s revenue and about a fifth of TSMC’s, according to data compiled by Bloomberg.”
“Executives at the chipmaker — a bellwether for the industry as well as an early barometer of iPhone demand — have said they expect demand for premium devices to help offset crypto-sector lethargy in the second half,” Wu reports.
Read more in the full article here.
MacDailyNews Take: We’ll just leave this there, too. It pairs nicely with this.
Apple assembler Pegatron posts 43% YOY revenue growth for November – December 10, 2018
Historically, this is an extremely rare buying opportunity for Apple – December 10, 2018
Apple’s iPhones may be selling better than Wall Street bears think – December 7, 2018
Apple supplier Broadcom suggests older iPhone models are in demand – December 7, 2018
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<