Foxconn's monthly revenue declines 4.35% during April, from the prior month

Foxconn's monthly revenue declines 4.35% during April, from the prior month
Contract manufacturer Foxconn reported on Monday, that its revenues declined during April from March. The 4.35% sequential decline took revenue down to $294.442 billion NT ($9.73 billion USD) for last month. The numbers looked better when compared year-over-year. Revenue in April 2014 grew .92% from the same month in 2013. The sequential drop is being blamed on a seasonal decline in shipments of consumer electronics, PCs and communication devices.

Foxconn is known for being the company that assembles the majority of Apple iPhone units, while competitor Pegatron  produces the remaining phones. Earlier this month, we told you that the latter had already received orders from Apple to manufacture 15% of the total number of initial Apple iPhone 6 units to be made.

For the first four months of 2014, Foxconn had revenue of $1.777 trillion NT ($39 billion USD), up 6.97% year-over-year. Analysts expect the company to continue feeling the effects of seasonality from May through June. After that time period, production should begin on the Apple iPhone 6. Already, leaks of the iPhone 6 dummy models have been floating around.

Foxconn consolidated revenue from last October through March

Foxconn consolidated revenue from last October through March


source: DigiTimes

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6 Comments

1. techperson211

Posts: 1280; Member since: Feb 27, 2014

Really? It declined that way? Their revenue is so much ahead compare to the most successful company in the whole planet.

2. 0xFFFF

Posts: 3806; Member since: Apr 16, 2014

Foxconn competitors -- sneaky dogs -- make lots of fake large screen iPhone 6 and put rumor on every site on web many time a day, drive Foxconn revenue into ground. No one want tiny iPhone anymore.

3. AfterShock

Posts: 4146; Member since: Nov 02, 2012

Making ten billion a month, wow.

4. Ashoaib

Posts: 3243; Member since: Nov 15, 2013

and how many workers die making this revenue?

5. Ninetysix

Posts: 2931; Member since: Oct 08, 2012

You can support your cause by not buying anything made in China. Open your computer/phone and there are tons of things there made by Foxconn.

6. 0xFFFF

Posts: 3806; Member since: Apr 16, 2014

Probably fewer than how many died getting the coal for the electricity for many of us to even browse the Internet.

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