'Foxconn October Sales Estimate To Rise With Apple New M3 Product Orders' - DigiTimes Alerts
Portfolio Pulse from Benzinga Newsdesk
Foxconn Technology Group is expected to have a strong October due to orders for Apple's M3-powered new MacBook Pro and iMac. Foxconn is also responsible for components such as chassis.
October 31, 2023 | 12:15 pm
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POSITIVE IMPACT
Apple's new M3-powered MacBook Pro and iMac orders are expected to boost Foxconn's October sales.
The news indicates that Apple's new product orders are driving Foxconn's sales, which could reflect positively on Apple's own sales and revenues. This could potentially lead to a positive impact on Apple's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Foxconn is expected to see a rise in October sales due to orders for Apple's new M3-powered MacBook Pro and iMac.
The news directly mentions that Foxconn's sales are expected to rise due to orders for Apple's new products. This could potentially lead to a positive impact on Foxconn's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100