Broader Apple (AAPL) Lineup Boosts Foxconn to Record Results in FY12
Tweet
Share
E-mail
Get Alerts AAPL Hot Sheet
Price: $314.86 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Join SI Premium – FREE
Hon Hai Precision (Foxconn) is giving a little boost to Apple, Inc. (Nasdaq: AAPL) on Monday.
The contract electronics maker reported record revenue of NT$3.9 trillion with net income of NT$94.8 billion (about $3.2 billion). The company saw benefit as Apple broadened its offerings with three new iPad models and the revamped iPhone 5, which was released later in 2012.
Previous years have seen Apple release just iPad in a calendar year.
Foxconn might get another boost this year on speculation of a wearable iOS device as well as lower-cost iPhone in addition to the regular model. No rumors have been confirmed by Apple as of yet.
Apple is indicated for a higher open Monday.
The contract electronics maker reported record revenue of NT$3.9 trillion with net income of NT$94.8 billion (about $3.2 billion). The company saw benefit as Apple broadened its offerings with three new iPad models and the revamped iPhone 5, which was released later in 2012.
Previous years have seen Apple release just iPad in a calendar year.
Foxconn might get another boost this year on speculation of a wearable iOS device as well as lower-cost iPhone in addition to the regular model. No rumors have been confirmed by Apple as of yet.
Apple is indicated for a higher open Monday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- OpenAI Plans To Release Home Speaker As First Hardware Product - Bloomberg
- Apple in talks with Prismml that shrinks AI models to run on an iPhone - CNBC
- Monness, Crespi, Hardt on Apple (AAPL): 'Looking for 16% Growth'
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!
