While Apple Makes Record Profits, Foxconn Posts A Huge LossMay 16, 2011 10:58 am
We spotted this stat today:
“Foxconn International Holdings Ltd., the Hong Kong-listed unit of the Foxconn Technology Group, posted a full-year net loss that was wider than analysts estimated as costs increased and sales shrank, reported Wednesday’s Bloomberg.
The net loss was $218.3 million, or 3.06 cents a share, compared with net income of $38.6 million, or 0.55 cent, in 2009, Foxconn said in a Hong Kong stock exchange filing Wednesday. The mean estimate of seven analysts surveyed by Bloomberg was for a net loss of $202 million.”
Statistics Source: Konaxis China
We have written about Apple sales facts and figures before.