Foxconn revenues slump

Stefan Mileschin · 6th March 2023, 14:14

Nothing to do with Apple

Foxconn, Apple's biggest supplier and contract manufacturer, has seen a slump in revenue due to weaker demand for electronics in February 2023, but the Tame Apple Press has made no mention of Jobs' Mob's sales slumping as being the cause.

In fact, the Tame Apple Press (TAP) feels obligated to report Foxconn's results in a "glass half full" manner due to Apple's close links. For example, Foxconn's revenue last month fell by 11.65 per cent compared to the same period in 2022. However, TAP points out that the company's February revenue was still over $13 billion, making it the second-highest on record for that month. However, investors are not interested in decreasing profits as a sign of a healthy company, whatever TAPS might think.

https://fudzilla.com/news/56448-foxconn-revenues-slump

6th March 2023, 14:14	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,650	Foxconn revenues slump Nothing to do with Apple Foxconn, Apple's biggest supplier and contract manufacturer, has seen a slump in revenue due to weaker demand for electronics in February 2023, but the Tame Apple Press has made no mention of Jobs' Mob's sales slumping as being the cause. In fact, the Tame Apple Press (TAP) feels obligated to report Foxconn's results in a "glass half full" manner due to Apple's close links. For example, Foxconn's revenue last month fell by 11.65 per cent compared to the same period in 2022. However, TAP points out that the company's February revenue was still over $13 billion, making it the second-highest on record for that month. However, investors are not interested in decreasing profits as a sign of a healthy company, whatever TAPS might think. https://fudzilla.com/news/56448-foxconn-revenues-slump

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