Advertisements


Foxconn"s third quarter profit tumbles after iPhone X production hurdles

TAIPEI (Reuters) - Taiwan's Foxconn reported a 39 percent slide in quarterly profit, far worse than expected, as the assembler of Apple Inc products saw margins squeezed by production bottlenecks for the iPhone X......»»

Category: topSource: reutersNov 15th, 2017

Foxconn"s third quarter profit slides below estimates after iPhone X production hurdles

TAIPEI (Reuters) - Taiwan's Foxconn , the world's largest contract electronics manufacturer, saw quarterly profit slide 39 percent - a result far below estimates and widely attributed to production issues for Apple Inc's iPhone X......»»

Category: topSource: reutersNov 14th, 2017

Foxconn"s profit tumbles after iPhone X bottlenecks

Taiwan's Foxconn, the world's largest contract electronics manufacturer, has reported a worse than expected 39 percent decline in quarterly profit, hit by production issues involving Apple Inc's new iPhone X. Silvia Antonioli reports......»»

Category: videoSource: reutersNov 15th, 2017

Foxconn"s profit tumbles after iphone X bottlenecks

Taiwan's Foxconn, the world's largest contract electronics manufacturer, has reported a worse than expected 39 percent decline in quarterly profit, hit by production issues involving Apple Inc's new iPhone X. Silvia Antonioli reports......»»

Category: videoSource: reutersNov 15th, 2017

Foxconn's profit tumbles after iPhone X bottlenecks

Taiwan's Foxconn, the world's largest contract electronics manufacturer, has reported a worse than expected 39 percent decline in quarterly prof.....»»

Category: topSource: usatodayNov 15th, 2017

Apple’s stock extends losing streak after iPhone assembler misses profit expectations

Apple’s stock extended its pullback from a record close after Foxconn, an assembler of iPhones in China, reported a bigger-than-expected drop in third-quarter profit......»»

Category: topSource: marketwatchNov 14th, 2017

Foxconn"s Profit Down 39% Amid iPhone Production Woes

Foxconn Technology Group posted a 39% drop in quarterly net profit amid production challenges dogging its largest customer—Apple—over the new iPhone X......»»

Category: smallbizSource: wsjNov 14th, 2017

Exxon profit tumbles 38 percent on lower oil prices

Exxon's profit keeps shrinking because of lower oil prices, and the company is responding by sharply cutting investment in future production.Exxon Mobil Corp. said Friday that third-quarter income fell 38 percent to $2.65 billion. .....»»

Category: topSource: moneycentralOct 28th, 2016

Foxconn 3Q17 gross margin hits 18-quarter low

EMS provider Foxconn Electronics (Hon Hai Precision Industry) has reported its third-quarter 2017 gross margin was 5.83%, the lowest quarterly level since second-quarter 2013. Its net profit for the quarter reached NT$21.029 billion (US$698.34 million)......»»

Category: topSource: digitimesNov 17th, 2017

Late arrival of iPhone X clouds Best Buy"s results

(Reuters) - Best Buy Co Inc took a $100 million hit in the third quarter from the late launch of the iPhone X and gave a profit forecast for the holiday period that fell short of analysts' estimates, as it competes in a brutal U.S. retail market......»»

Category: topSource: reutersNov 16th, 2017

Foxconn"s profit drops 39% in Q3 due to late shipments

TAIPEI (Reuters) - Taiwan's Foxconn , the world's largest contract electronics manufacturer and a major Apple supplier , posted a 39 percent drop in third-quarter earnings due to later-than-expected product shipments......»»

Category: topSource: business-standardNov 14th, 2017

Foxconn"s quarterly profit slides 39 percent amid shipment woes

Taiwan's Foxconn , the world's largest contract electronics manufacturer and a major Apple supplier , posted a 39 percent drop in third-quarter earnings due to later-than-expected product shipments......»»

Category: topSource: foxnewsNov 14th, 2017

Foxconn"s quarterly profit slides 39 percent amid shipment woes

TAIPEI (Reuters) - Taiwan's Foxconn , the world's largest contract electronics manufacturer and a major Apple supplier , posted a 39 percent drop in third-quarter earnings due to later-than-expected product shipments......»»

Category: topSource: reutersNov 14th, 2017

Coal India hits record in sales but disappoints on profit

While Coal India's profit in the September quarter fell nearly 40 per cent, it also saw a record in output and sales.Production rose 8.3 per cent to 113 million tonnes from the corresponding quarter a year before. Sales volume rose .....»»

Category: topSource: business-standardNov 13th, 2017

Vista Outdoor"s stock tumbles after sales miss and slashed outlook offsets profit beat

Shares of Vista Outdoor Inc. tumbled 7.8% in premarket trade Thursday, after the gun and outdoor sports products company beat fiscal second-quarter profit expectations, but missed on sales and slashed .....»»

Category: topSource: marketwatchNov 9th, 2017

Apple delivers higher profit as iPhone X launches on Friday

Net profit rose 19 per cent from a year ago to $10.7 billion in the fiscal fourth quarter to September 30, revenues were up 12 per cent to $52.6 billion......»»

Category: topSource: business-standardNov 3rd, 2017

Apple sees strong holiday sales with iPhone X launch

Apple forecast revenue for the holiday shopping-quarter largely above market expectations on Thursday, allaying investor concerns about production delays just as the highly anticipated iPhone X reached stores......»»

Category: videoSource: reutersNov 2nd, 2017

Apple has $900 billion valuation in sight as earnings allay iPhone fears

Apple Inc. unleashed its fiscal fourth-quarter results Thursday, demolishing analyst expectations with a billion dollar beat on net profit, and executives bolstering its holiday season guidance to the highest in the company’s history......»»

Category: topSource: marketwatchNov 2nd, 2017

Apple sees holiday-quarter sales above Wall St., shares rise

(Reuters) - Apple Inc forecast revenue for the holiday shopping-quarter largely above market expectations, helping allay investor concerns about production delays and supply constraints for the iPhone X, which it will start shipping on Friday......»»

Category: topSource: reutersNov 2nd, 2017

Newell Brands stock tumbles after profit and sales miss, lowered outlook

Shares of Newell Brands Inc. tumbled 7.6% in premarket trade Thursday, after the consumer goods company, which brand include Paper Mate, Rubbermaid and Graco, missed third-quarter profit and.....»»

Category: topSource: marketwatchNov 2nd, 2017

Italian gas company Eni returns to profit in third quarter

Italian oil and gas company Eni returned to a profit in the third quarter as crude oil prices nudge upward after OPEC production cuts......»»

Category: topSource: foxnewsOct 27th, 2017