“Foxconn Electronics (Hon Hai Precision Industry) has reported consolidated revenues of NT$515.569 billion (US$16.24 billion) for December, hitting a record for the second consecutive month with growth of 0.15% sequentially and 5.02% on year,” Ninelu Tu and Adam Hwang report for DigiTimes.
“Foxconn posted consolidated revenues of NT$1.499 trillion for the fourth quarter, hitting a quarterly record with growth of 57.71% sequentially and 12.76% on year,” Tu and Hwang report. “The company’s consolidated revenues of NT$4.212 trillion for 2014 also hit a record, registering an on-year increase of 6.53%.”
Full article here.
MacDailyNews Take: Bodes well for Apple’s holiday quarter!
Related article:
Apple to report Q115 earnings on January 27th – January 5, 2015
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]
That is seriously impressive revenues. $300BB revenues for the year. That’s more that Apple gets in revenues.
I wonder what their margins are like? Are the a Dell or an Apple?
Should read ” Are they a Dell or an Apple”.
Shouldn’t do math this early in the morning. Annual revenues more like $130BB. So Apple have greater revenues and likely better margins.