Monday, May 23, 2016

Rumors about the iPhone 7 ignite the Taiwan Stock Exchange – Le Figaro

The share price of Taiwanese subcontractors Apple soar on iPhone 7 preorders rumors.

for three weeks the next Apple developers conference (WWDC), rumors continue to ignite the Exchange. This time it is a figure running on the iPhone pre-orders 7 Apple with its main subcontractors that drove up the stock prices of these to Taiwan. While the model has not yet been announced by the brand.

According to the newspaper Economic Daily News Taiwan, Apple has ordered its suppliers at least 72 iPhone 7 million, while analysts were betting on 65 million preorders. The share price of the company Pegatron, which assembles the iPhone, jumped 9.9%. Catcher Technology, which provides the Californian giant metal hulls iPhone, finished up 9.7%. The chipmaker Taiwan Semiconductor Manufacturing (TSMC) gained 3.7% and the components manufacturer Hon Hai Precision Industry (Foxconn) rose 4.6%. In New York Apple stock was also on the upside at the opening on Monday, gaining 1.08% to 95.22 dollars.

The rumors on the commercial success of future iPhone with Apple regularly move the share price. Last quarter, smartphone sales still accounted for two thirds of the 50 billion dollars of the American, despite its efforts to diversify its sources of income. Analysts scrutinize any changes in sales, and seek reassurance after Apple reported for the first time in its history, a decline in iPhone sales early in the year, with 51 million units sold.

(with AFP)

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