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Record iPhone Sales Results in 56% Y-O-Y Earnings Growth for Foxconn

Record iPhone Sales Results in 56% Y-O-Y Earnings Growth for Foxconn

Apple’s main manufacturing partner Foxconn benefited from record sales of the iPhone, achieving 56% growth in their year-over-year earnings. The WSJ reports Foxconn’s first quarter profit growth was its largest in a decade.

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The company more than doubled its 2014 dividend from NT$1.80 per share to NT$3.80 (US$0.06 to 0.12). Apple represented almost half of the company’s turnover.

Apple announced in April that it sold 61.1 million iPhones in its fiscal Q2 of 2015. (1st quarter calendar year.)

(Via 9to5Mac)

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