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    AAPL   US0378331005

APPLE INC.

(AAPL)
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Delayed Nasdaq  -  04:00:00 2023-03-30 pm EDT
162.36 USD   +0.99%
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Foxconn's January sales surge COVID disruption shaken off

02/05/2023 | 02:52am EDT
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FILE PHOTO: FILE PHOTO: The logo of Foxconn is seen outside a company's building in Taipei, Taiwan

TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and major iPhone assembler for Apple Inc, said on Sunday that revenue in January jumped 48.2% year-on-year, as it shook off COVID disruptions in China.

Revenue in January reached a record high, with operations returning to normal and shipments increasing at the Zhengzhou campus in China, a centre for iPhone production, the company said in a statement.

Production of iPhones faced disruption ahead of Christmas and January's Lunar New Year holidays, after curbs to control COVID-19 prompted thousands of workers to leave Foxconn's factory lines in Zhengzhou.

(Reporting by Ben Blanchard and Meg Shen; Editing by Lincoln Feast.)


© Reuters 2023
Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 0.99% 162.36 Delayed Quote.23.74%
MSCI TAIWAN (STRD) 0.55% 575.936 Real-time Quote.13.41%
All news about APPLE INC.
04:58p'FAZ': SAP wants to get in on German AI startup Aleph Alpha
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04:54pApple Wins Appeal to Uphold US Patent Office Decision Against VirnetX Patents Claims; V..
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04:10pApple wins U.S. appeal over patents in $502 mln VirnetX verdict
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03:37pSector Update: Tech
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03:04pApple Wins Appeal to Uphold US Patent Office Decision Against VirnetX Patents Claims
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02:02pVirnetX Falls Nearly 11% After US Appeals Court Upholds Patent Tribunal's Ruling in Fav..
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12:31pApple wins U.S. appeal over patents in $502 million VirnetX verdict
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Analyst Recommendations on APPLE INC.
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Financials (USD)
Sales 2023 389 B - -
Net income 2023 94 213 M - -
Net cash 2023 63 027 M - -
P/E ratio 2023 27,1x
Yield 2023 0,59%
Capitalization 2 569 B 2 569 B -
EV / Sales 2023 6,44x
EV / Sales 2024 5,93x
Nbr of Employees 164 000
Free-Float 99,9%
Chart APPLE INC.
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Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 44
Last Close Price 162,36 $
Average target price 169,10 $
Spread / Average Target 4,15%
EPS Revisions
Managers and Directors
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Timothy Campos Chief Information Officer
Sector and Competitors
1st jan.Capi. (M$)
APPLE INC.23.74%2 543 694
XIAOMI CORPORATION10.60%38 505
SHENZHEN TRANSSION HOLDINGS CO., LTD.23.37%11 794
WINGTECH TECHNOLOGY CO.,LTD5.69%10 025
DZS INC.-36.91%248
RTX A/S15.45%162
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