Foxconn Denies Report of Early Start to Lunar New Year Holiday (AAPL)
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Price: $294.30 -0.91%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
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Foxconn is commenting apparently on reports last night from the WSJ of possible layoffs, which is impacting Apple (NASDAQ: AAPL) today.
Foxconn said the lunar near year holiday didn't begin in December as reported, according to Bloomberg headlines. Says Henan government payment correlates with insurance premium.
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