Foxconn, also known as Hon Hai Precision Industry, Apple's largest iPhone manufacturer, reported a significant increase in revenue for April 2024, achieving nearly a 19% rise compared to April 2023, resulting in its best April ever with revenues reaching $15.8 billion. This growth, marking the strongest monthly sales growth since the start of 2023, is attributed to a resurgence in iPhone demand and diversification efforts. Additionally, Chinese iPhone shipments saw a 12% increase in March 2024 after Apple and its retailers implemented price cuts, with total shipments reaching 3.75 million units. Hon Hai's shares jumped to a record high following the announcement.
Chinese iPhone shipments jumped about 12% in March after Apple and its retailers slashed prices, official data shows https://t.co/FFEiRL5Klc
Chinese iPhone shipments jumped about 12% in March after Apple and its retailers slashed prices, official data shows https://t.co/leBfoAejLB
$AAPL | Apple’s China iPhone Shipments Soar 12% In March After Discounts - BBG https://t.co/s1oKXQXGXe
APPLE CHINA IPHONE SHIPMENTS CLIMB 12% IN MARCH: OFFICIAL DATA
CHINA IPHONE SHIPMENTS HIT 3.75M IN MARCH: CAICT MONTHLY REPORT. $AAPL #China
Foxconn saw best-ever April revenues partly because of better than expected iPhone demand https://t.co/I6QnMzgO9w #Apple
Foxconn, which assembles the majority of Apple's iPhones, posted its strongest monthly sales growth since the start of 2023, potentially raising expectations for iPhone and AI server sales. Mark Gurman reports https://t.co/L72Xrgn93y https://t.co/Vvo7vVAORo
Apple’s largest iPhone manufacturer, Foxconn, reported its best April ever, hinting at a resurgence in iPhone demand. $AAPL https://t.co/FyyJ84WRVU
Apple’s largest iPhone assembler, Foxconn has reported April 2024 revenue that was nearly one-fifth higher than the same month in 2023. #applenews https://t.co/1LrcpWsxTl https://t.co/ImCbCYuDVy
Hon Hai Precision Industry's shares jumped to a record high after posting its strongest monthly sales growth since the start of 2023, a 19% rise in monthly revenue to $15.8 billion. https://t.co/oxvSrzeJ0f
Apple's largest iPhone manufacturer has reported almost a fifth higher revenue for April 2024 compared to the same month in 2023, in part because of diversification. By @WGallagher https://t.co/wgeYHKTv12