“Apple supplier Foxconn/Hon Hai reports a 30% revenue jump in September to about $18.8B, its second best monthly result in history,” Brandy Betz reports for Seeking Alpha.
“Officials say the ‘three biggest product lines in terms of month-on-month and annual increase comes in this order: consumer, computing, and communications,'” Betz reports.
“The results bode well for Apple,” Beta reports, “which recently launched three new iPhone models.”
Full article here.
MacDailyNews Take: Foxconn’s results certainly do bode well for Apple, which is currently selling at clearance prices (vs. their usual sale prices) – a situation of which, we expect, Apple’s buyback team is willing to take full advantage.