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Saturday, April 21, 2012

Hon Hai share movement could hinge on Q1 results - MacDirectory

 
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04/21/2012 | 9:00 am | Word count: 99 Previous  |  Next
Categories: Apple Computer Hon Hai, which assembles iPhones and iPads for Apple Inc., is scheduled to release its first-quarter unconsolidated earnings next week, and the market is expecting the company to report results that are pleasing to investors, on the back of the popularity of Apple devices, they said. Over the past five trading sessions, Hon Hai shares came under heavy pressure after a plunge in Apple share prices on Wall Street, down more than 10 percent from a week earlier to close at NT$103.00 (US$3.49) Friday. Hon Hai shares were affected by fears that possible cuts in subsidies by telecom operators for ... For more info visit:  Focus Taiwan News Channel
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