|Bid||69.90 x 0|
|Ask||70.00 x 0|
|Day's Range||69.90 - 71.10|
|52 Week Range||69.90 - 100.00|
|PE Ratio (TTM)||9.77|
|Earnings Date||Nov 8, 2017 - Nov 13, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||84.06|
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. While the 10th anniversary version of iPhone has seen parts suppliers struggle with specifications for new features such as facial recognition and edge-to-edge display, red-hot demand for the product, which went on sale this month, is expected to lead to a relatively rapid recovery for Foxconn. Apple has predicted strong holiday sales and said it is happy with how manufacturing of the iPhone X is progressing, although most analysts think it will likely take until next year or early spring for the tech giant to meet demand.
Nov 9 (Reuters) - Pegatron Corp * Says Q3 consolidated revenue at T$336.9 billion ($11.17 billion) * Says Q3 net income at T$4.2 billion * Says Q3 net profit at T$3.64 billion * Says 9-month net profit ...
While some expect a pickup after the iPhone X goes on sale in November, others cautioned that phone's high price tag could weigh on demand. The chief executive of Rogers Communication (RCIb.TO), Canada's largest mobile network, on Thursday said appetite for the iPhone 8 and 8 Plus, which went on sale in September, had been "anemic," the latest sign of weak sales for those phones ahead of the Nov. 3 launch of the pricier iPhone X. Verizon Communication Inc's (VZ.N) Chief Financial Officer Matt Ellis said the number of third-quarter phone upgrades fell versus previous years, but that he expected an upgrade surge when the iPhone X is released.