Foxconn, a major assembler of Apple products, reported a 3.47% year-over-year increase in November sales, reaching NT$656.59 billion ($20.87 billion). This growth was primarily driven by strong sales in the Computing Products category, which benefited from the launch of new Apple products.
GuruFocus:
Driven by ongoing demand for artificial intelligence servers, the company’s Cloud and Networking Products division also helped to support the performance. But month-over-month income in this category dropped, linked in part to a phase of product transition…
[T]he supplier said the fourth quarter is usually a high season for the sector and expects significant sequential and annual growth. Foxconn had said that third-quarter income had increased 20% year over year and named 2025 as a crucial “AI Year.”
MacDailyNews Take: The quicker Apple Intelligence features are released, and in more countries, the better sales will be for both Apple and Foxconn.
Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you!
Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.