Foxconn revenues drop in February
Year-over-year, Foxconn's February revenue dropped 22.10% from the prior year's figure. For January through February, Foxconn reported revenue of NT$548.587 billion ($18.46 billion USD) which is a decline of 14.71% from last year's two month total. Analysts blame the decline partially on the Lunar New Year, which took place in the middle of the month and disrupted production. And of course, there is the decreased smartphone shipments that took place during the month, which is the bottom line reason for the poor revenue numbers.
1. rusticguy (Posts: 2828; Member since: 11 Aug 2012)
Decreasing Smartphone shipments or decreased iPhone sales?
5. PhenomFaz (Posts: 1219; Member since: 26 Sep 2012)
its decreased iphone dude....smartphones shipped are on the rise!
cant say the same for obsolete Apple products though...looks can only get you so far!
2. nikenturd (unregistered)
Well, that says it all...the demand for iPhones and iPads has sunk to record lows, Apple cannot hide it no matter how many payola articles they generate....one word....DWINDLING....they need more court rewards in order to recoup the losses i guess
3. microsoftnokiawin (Posts: 1166; Member since: 30 Mar 2012)
good less chinese kids have to suffer
4. NokiaFTW (Posts: 2058; Member since: 24 Oct 2012)
I live in India . Trust me , I am yet to see a person holding an iPhone 5 in their hands .