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.

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)

Chris Hauk

Chris is a Senior Editor at Mactrast. He lives somewhere in the deep Southern part of America, and yes, he has to pump in both sunshine and the Internet.