http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2024, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Fri, 05 Jul 2024 04:36:04 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Hot+List/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html <p>Apple’s (NASDAQ: AAPL) key iPhone assembler Foxconn posted better-than-expected quarterly revenue on Friday, driven by strong demand for AI servers and forecasted continued growth for the current quarter.</p><p>Foxconn, officially known as Hon Hai Precision Industry Co Ltd, announced that its revenue last month reached T$490.7 billion ($15.12 billion), a 16.1% increase year-on-year and the second-highest level for this period.</p><p>For the second quarter, revenue surged 19.1% year-on-year to T$1.55 trillion, surpassing the T$1.51 trillion forecast by LSEG SmartEstimate, which prioritizes predictions from consistently accurate analysts. This also marked a record high for the same period.</p><p>The company’s shares climbed 2% in Taiwan.</p><p>The http://www.streetinsider.com/Hot+List/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html Fri, 05 Jul 2024 04:36:04 -0400 AAPL FXCOF http://www.streetinsider.com/Earnings/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html <p>Apple’s (NASDAQ: AAPL) key iPhone assembler Foxconn posted better-than-expected quarterly revenue on Friday, driven by strong demand for AI servers and forecasted continued growth for the current quarter.</p><p>Foxconn, officially known as Hon Hai Precision Industry Co Ltd, announced that its revenue last month reached T$490.7 billion ($15.12 billion), a 16.1% increase year-on-year and the second-highest level for this period.</p><p>For the second quarter, revenue surged 19.1% year-on-year to T$1.55 trillion, surpassing the T$1.51 trillion forecast by LSEG SmartEstimate, which prioritizes predictions from consistently accurate analysts. This also marked a record high for the same period.</p><p>The company’s shares climbed 2% in Taiwan.</p><p>The http://www.streetinsider.com/Earnings/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html Fri, 05 Jul 2024 04:36:04 -0400 AAPL FXCOF http://www.streetinsider.com/Guidance/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html <p>Apple’s (NASDAQ: AAPL) key iPhone assembler Foxconn posted better-than-expected quarterly revenue on Friday, driven by strong demand for AI servers and forecasted continued growth for the current quarter.</p><p>Foxconn, officially known as Hon Hai Precision Industry Co Ltd, announced that its revenue last month reached T$490.7 billion ($15.12 billion), a 16.1% increase year-on-year and the second-highest level for this period.</p><p>For the second quarter, revenue surged 19.1% year-on-year to T$1.55 trillion, surpassing the T$1.51 trillion forecast by LSEG SmartEstimate, which prioritizes predictions from consistently accurate analysts. This also marked a record high for the same period.</p><p>The company’s shares climbed 2% in Taiwan.</p><p>The http://www.streetinsider.com/Guidance/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html Fri, 05 Jul 2024 04:36:04 -0400 AAPL FXCOF http://www.streetinsider.com/Corporate+News/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html <p>Apple’s (NASDAQ: AAPL) key iPhone assembler Foxconn posted better-than-expected quarterly revenue on Friday, driven by strong demand for AI servers and forecasted continued growth for the current quarter.</p><p>Foxconn, officially known as Hon Hai Precision Industry Co Ltd, announced that its revenue last month reached T$490.7 billion ($15.12 billion), a 16.1% increase year-on-year and the second-highest level for this period.</p><p>For the second quarter, revenue surged 19.1% year-on-year to T$1.55 trillion, surpassing the T$1.51 trillion forecast by LSEG SmartEstimate, which prioritizes predictions from consistently accurate analysts. This also marked a record high for the same period.</p><p>The company’s shares climbed 2% in Taiwan.</p><p>The http://www.streetinsider.com/Corporate+News/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html Fri, 05 Jul 2024 04:36:04 -0400 AAPL FXCOF http://www.streetinsider.com/Management+Comments/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html <p>Apple’s (NASDAQ: AAPL) key iPhone assembler Foxconn posted better-than-expected quarterly revenue on Friday, driven by strong demand for AI servers and forecasted continued growth for the current quarter.</p><p>Foxconn, officially known as Hon Hai Precision Industry Co Ltd, announced that its revenue last month reached T$490.7 billion ($15.12 billion), a 16.1% increase year-on-year and the second-highest level for this period.</p><p>For the second quarter, revenue surged 19.1% year-on-year to T$1.55 trillion, surpassing the T$1.51 trillion forecast by LSEG SmartEstimate, which prioritizes predictions from consistently accurate analysts. This also marked a record high for the same period.</p><p>The company’s shares climbed 2% in Taiwan.</p><p>The http://www.streetinsider.com/Management+Comments/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html Fri, 05 Jul 2024 04:36:04 -0400 AAPL FXCOF http://www.streetinsider.com/Hot+List/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html <p>Apple’s (NASDAQ: AAPL) key iPhone assembler Foxconn posted better-than-expected quarterly revenue on Friday, driven by strong demand for AI servers and forecasted continued growth for the current quarter.</p><p>Foxconn, officially known as Hon Hai Precision Industry Co Ltd, announced that its revenue last month reached T$490.7 billion ($15.12 billion), a 16.1% increase year-on-year and the second-highest level for this period.</p><p>For the second quarter, revenue surged 19.1% year-on-year to T$1.55 trillion, surpassing the T$1.51 trillion forecast by LSEG SmartEstimate, which prioritizes predictions from consistently accurate analysts. This also marked a record high for the same period.</p><p>The company’s shares climbed 2% in Taiwan.</p><p>The http://www.streetinsider.com/Hot+List/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html Fri, 05 Jul 2024 04:36:04 -0400 AAPL FXCOF http://www.streetinsider.com/Earnings/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html <p>Apple’s (NASDAQ: AAPL) key iPhone assembler Foxconn posted better-than-expected quarterly revenue on Friday, driven by strong demand for AI servers and forecasted continued growth for the current quarter.</p><p>Foxconn, officially known as Hon Hai Precision Industry Co Ltd, announced that its revenue last month reached T$490.7 billion ($15.12 billion), a 16.1% increase year-on-year and the second-highest level for this period.</p><p>For the second quarter, revenue surged 19.1% year-on-year to T$1.55 trillion, surpassing the T$1.51 trillion forecast by LSEG SmartEstimate, which prioritizes predictions from consistently accurate analysts. This also marked a record high for the same period.</p><p>The company’s shares climbed 2% in Taiwan.</p><p>The http://www.streetinsider.com/Earnings/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html Fri, 05 Jul 2024 04:36:04 -0400 AAPL FXCOF http://www.streetinsider.com/Guidance/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html <p>Apple’s (NASDAQ: AAPL) key iPhone assembler Foxconn posted better-than-expected quarterly revenue on Friday, driven by strong demand for AI servers and forecasted continued growth for the current quarter.</p><p>Foxconn, officially known as Hon Hai Precision Industry Co Ltd, announced that its revenue last month reached T$490.7 billion ($15.12 billion), a 16.1% increase year-on-year and the second-highest level for this period.</p><p>For the second quarter, revenue surged 19.1% year-on-year to T$1.55 trillion, surpassing the T$1.51 trillion forecast by LSEG SmartEstimate, which prioritizes predictions from consistently accurate analysts. This also marked a record high for the same period.</p><p>The company’s shares climbed 2% in Taiwan.</p><p>The http://www.streetinsider.com/Guidance/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html Fri, 05 Jul 2024 04:36:04 -0400 AAPL FXCOF http://www.streetinsider.com/Corporate+News/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html <p>Apple’s (NASDAQ: AAPL) key iPhone assembler Foxconn posted better-than-expected quarterly revenue on Friday, driven by strong demand for AI servers and forecasted continued growth for the current quarter.</p><p>Foxconn, officially known as Hon Hai Precision Industry Co Ltd, announced that its revenue last month reached T$490.7 billion ($15.12 billion), a 16.1% increase year-on-year and the second-highest level for this period.</p><p>For the second quarter, revenue surged 19.1% year-on-year to T$1.55 trillion, surpassing the T$1.51 trillion forecast by LSEG SmartEstimate, which prioritizes predictions from consistently accurate analysts. This also marked a record high for the same period.</p><p>The company’s shares climbed 2% in Taiwan.</p><p>The http://www.streetinsider.com/Corporate+News/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html Fri, 05 Jul 2024 04:36:04 -0400 AAPL FXCOF http://www.streetinsider.com/Management+Comments/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html <p>Apple’s (NASDAQ: AAPL) key iPhone assembler Foxconn posted better-than-expected quarterly revenue on Friday, driven by strong demand for AI servers and forecasted continued growth for the current quarter.</p><p>Foxconn, officially known as Hon Hai Precision Industry Co Ltd, announced that its revenue last month reached T$490.7 billion ($15.12 billion), a 16.1% increase year-on-year and the second-highest level for this period.</p><p>For the second quarter, revenue surged 19.1% year-on-year to T$1.55 trillion, surpassing the T$1.51 trillion forecast by LSEG SmartEstimate, which prioritizes predictions from consistently accurate analysts. This also marked a record high for the same period.</p><p>The company’s shares climbed 2% in Taiwan.</p><p>The http://www.streetinsider.com/Management+Comments/Apple+supplier+Foxconn+reports+Q2+revenue+ahead+of+estimates%2C+shares+rise/23435989.html Fri, 05 Jul 2024 04:36:04 -0400 AAPL FXCOF http://www.streetinsider.com/Reuters/Foxconn+Q2+revenue+beats+market+forecast+on+AI+server+demand/23435959.html <p>TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, posted on Friday better-than-expected quarterly revenue on AI server demand, and forecast continued growth in the current quarter.</p> <p>The third quarter is traditionally the start of the season for Taiwan's tech companies to race to supply smartphones, tablets and other electronics to major vendors such as Apple for Western markets' year-end holiday period.</p> http://www.streetinsider.com/Reuters/Foxconn+Q2+revenue+beats+market+forecast+on+AI+server+demand/23435959.html Fri, 05 Jul 2024 03:38:37 -0400 FXCOF http://www.streetinsider.com/Earnings/Foxconn+Q2+revenue+beats+market+forecast+on+AI+server+demand/23435959.html <p>TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, posted on Friday better-than-expected quarterly revenue on AI server demand, and forecast continued growth in the current quarter.</p> <p>The third quarter is traditionally the start of the season for Taiwan's tech companies to race to supply smartphones, tablets and other electronics to major vendors such as Apple for Western markets' year-end holiday period.</p> http://www.streetinsider.com/Earnings/Foxconn+Q2+revenue+beats+market+forecast+on+AI+server+demand/23435959.html Fri, 05 Jul 2024 03:38:37 -0400 FXCOF