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Technology Stocks : Apple Inc.

AAPL 268.42

-0.5%

Nov 7 9:30 AM EST

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To: pyslent who wrote (169435)	5/14/2014 8:10:37 AM
From: Moonray	Read Replies (1) of 213172

Rumor, rumor, rumor: Hon Hai Q1 profit likely boosted by iPhone's China surge 3 hours ago - By Michael Gold * Profit likely up 11 pct to T$18.18 bln -12 analysts * Apple's China revenue reached 20 pct in Q1 surge -analyst * Hon Hai likely to book iPhone 6 revenue from Q2 TAIPEI, May 14 (Reuters) - Apple Inc assembler Hon Hai Precision Industry Co Ltd likely saw profit rise 11 percent in the first quarter when sales of Apple's iPhone overshot market estimates thanks primarily to Chinese demand. The Taiwanese manufacturer, which reports earnings later on Wednesday, earns as much as 40 percent of revenue by building various versions of the iPhone, analysts say, and that figure could rise with increased distribution in China and a new model by year-end. Shipments of iPhones beat market estimates by 15 percent in March, pushing Apple's January-March revenue to a record high for a post-holiday season quarter, when consumer goods sales typically fall. o~~~ O

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