Tag Archive: Slumping


Foxconn Profits Slumping Due To Void Of New iPhones & iPads

iSlave-iPhone-5-FoxconnIt’s been a stagnant year so far for new Apple product announcements, and Foxconn, Apple’s biggest manufacturing partner, is starting to feel the pitch: sales are down 12.6 this year, against a target of 15% growth. And in response, Foxconn’s looking to become a lot less dependent upon Apple, who generated 60 percent of the […]

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Europe’s Financial Mess Means Slumping Overseas iPhone Market

Photo by monty.metzger – http://flic.kr/p/6aioW2

Does talk of the Euro economic crisis make your eyes glaze over? Perhaps this will get your attention: The down European economy is costing the iPhone marketshare as consumers keep a tight hold on their cash. The bright side: the U.S. and U.K. love of everything Apple has become stronger. According to London-based research firm the Kanter Group, the iPhone 4S is showing signs of  [Read More…]