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Wednesday, April 10, 2013

Are Foxconn's Losses an Omen For Apple's Second Quarter?

Hon Hai Precision Industry , the parent company of Foxconn - the manufacturing giant most noted for producing the majority of Apple hardware orders - has announced that it experienced a 19 percent sales decline in its first quarter, which could be foreshadowing of Apple's second quarter results, as Apple is believed to be responsible for 60 to 70 ... (more)

http://wallstcheatsheet.com/stocks/are-foxconns-losses-an-omen-for-apples-second-quarter.html/

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