A collection of Apple suppliers have shared revenue reports today, which also provide a glimpse into the upcoming `peak` iPhone and Apple Watch manufacturing season. Starting off, Foxconn looked back at its profits in July and reported consolidated revenues of NT$315.06 billion (US$10.62 billion) for the month, which marks an increase of 7.53 percent year-on-year. For the first seven months of 2017, Foxconn`s combined revenues were NT$2.2 trillion, increasing by 1.64 percent year-on-year (via DigiTimes).
Those watching Foxconn`s revenue report are now expecting the October-December period to be the `peak of 2017` for the company, thanks to its status as one of Apple`s biggest suppliers and the launch of the iPhone 8 sometime in September. Foxconn`s revenue will increase `gradually` in August, according to market watchers, and will continue until the end of the year. Holiday spending traditionally helps increase Apple and its suppliers` revenue, even boosting Foxconn`s December period in 2016 in the face of an overall year that saw its first-ever profit decline.
Check out our recent hands-on with an iPhone 8 dummy model Some market watchers expect Foxconn`s revenues to increase gradually beginning August and the growth will last until the end of 2017 with the fourth quarter being the peak of 2017 for Foxconn. Apple Watch supplier Quanta Computer announced revenues for the second quarter of 2017 at NT$235.37 billion (US$7.93 billion), growing 3.3 percent from the previous quarter and 13.3 percent from the year-ago quarter. Today`s report stated that next-generation Apple Watch shipments will begin in the fourth quarter, gradually increasing Quanta`s financial performance in the second half of 2017 -- a sentiment that`s been shared in previous supply chain reports due to Quanta`s status as the sole supplier of the `Apple Watch Series 3.`
With the notebook market entering the traditional peak season, its server shipments expected ...
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