A deceleration in the manufacturing output at Foxconn, the factory that produces the lion's share of iPhone and iOS devices for Apple, has spurred concern for reduced quantities of Apple products on store shelves. In response to Foxconn changing from "Market Outperform" to "Market Perform" prompted JMP securities to downgrade its outlook on Apple stock. As a result, earnings expectations for the quarter has been reduced from $23 billion to $22 billion.
Perhaps in an effort to lend further legitimacy to the YouTube video that popped up earlier this week showing off parts from a next-generation iPhone, design sketches which appear to be quite similar have now appeared online.
Apple’s iPad is still in high demand, and to keep up with brisk sales for the holiday season (and beyond), manufacturing partner Foxconn has added new manufacturing plants in Chengdu, China capable of producing 10,000 more iPads every day.
You know, some of us around the Mac|Life staff have some pretty hefty student loans outstanding. If only there were some way to meet the steep cost of college. Hey, I know, let's sell white iPhones! Sound crazy? It isn't.
It seems inevitable that with a company’s runaway success, the costs of doing business increase exponentially. That may be the case with Apple, as a new report claims that Foxconn parent company Hon Hai will be increasing its prices for some clients, including Apple.
The day of inexpensive iPhones, iPod touches and iPads may be coming to an end thanks to “soaring labor costs caused by worker shortages and unrest, a strengthening Chinese currency that makes exports more expensive and inflation and rising housing costs.” Will that next device wind up costing us more?