Apple'(AAPL) Said to Send Some iPad, iPhone Work to Pegatron
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/10/2026
- Wall Street posts weekly gains with earnings, inflation data on tap
- Oil prices settle higher as more production shut ahead of hurricane
- Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports
- UBS flags level in gold prices where dip buyers will likely emerge
- Telecom stocks tumble on SpaceX spectrum acquisition news
Tweet
Share
E-mailGet Alerts AAPL Hot Sheet
Price: $336.64 -1.11%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
Join SI Premium – FREE
According to reports out Monday, the production of Apple's (Nasdaq: AAPL) (rumored) iPad mini won't rest solely in the hands of Foxconn.
The Economic Daily News of Taiwan says Pegatron may have garnered about 50 percent to 60 percent of orders for the new device.
Production is expected at 5 million iPad minis monthly, the report stated.
Pegatron is also expected to be part of iPhone 5 production, which, given rapid pre-orders reported in the first 24 hours of availability, would be a smart move on Apple's part.
Shares of Apple ended higher on the session, hitting the $700 level in after-hours trading.
The Economic Daily News of Taiwan says Pegatron may have garnered about 50 percent to 60 percent of orders for the new device.
Production is expected at 5 million iPad minis monthly, the report stated.
Pegatron is also expected to be part of iPhone 5 production, which, given rapid pre-orders reported in the first 24 hours of availability, would be a smart move on Apple's part.
Shares of Apple ended higher on the session, hitting the $700 level in after-hours trading.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple names new M&A chief in latest change under new CEO Ternus - Bloomberg
- Panama hit by 8.0 mag. earthquake near Pitaloza Arriba - USGS
- Apple Set To Debut Touch-screen Mac, iPad Mini In Late October - Bloomberg
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
