Tag: Apple

Goldman Sachs is finally buying into Apple as a viable addition to your investment portfolios. After six years of keeping the iPhone maker’s stock at Neutral or Sell, the investment bank has recently changed course and upgraded it to Buy. The last time Goldman Sachs...

Foxconn, the world's largest contract electronics maker, announced on Sunday that its revenue in February declined by 11.65% year-on-year, citing a weak consumer electronics market. Despite this decline, Foxconn has stuck to its previously-stated first-quarter outlook. One of Apple's major suppliers, Foxconn assembles the company's...

Apple partner Foxconn Technology Group is planning to invest $700 million on a new plant in India to boost local production, sources familiar with the matter revealed. This comes as the manufacturer seeks to shift its operations away from China as tensions with the...

Apple supplier Foxlink had to suspend production at its assembly facility in the Southern Indian state of Andhra Pradesh on Monday, two government officials confirmed. This move came after a fire broke out at the plant, with the company having to evacuate 400 workers...

Apple Inc is set to release its first quarter earnings after the closing bell on February 2. Investors and analysts alike are exhibiting great interest in the tech giant's financial results, particularly as an indication of how COVID lockdowns in China have impacted iPhone...

Apple is planning to introduce the use of its own custom displays in its mobile devices starting in 2024, Bloomberg News reported on Tuesday. This comes as the tech company looks to expand its in-house production and limit its reliance on outsourcing. With the company...