iPhone 5c & iPad mini assembler Pegatron sees earnings rise 22%
Pegatron, the main assembler for both the iPhone 5c and iPad mini, saw its earnings grow 22 percent in the first quarter, potentially signaling strong sales of Apple's low-end iOS devices.
At an investor conference held on Monday, the company revealed that its fourth-quarter earnings were driven by mobile devices, like iPhones and iPads. However, Pegatron officials declined to comment specifically on Apple products, meaning any data on the iPad mini or iPhone 5c remains unknown.
KGI Securities estimates that Pegatron's assembly contracts with Apple now account for 40 percent of the manufacturing company's revenue.
Foxconn has been Apple's primary assembly partner for years, but Pegatron has nudged its way into contracts to become the chief builder of iPhone 5c and iPad mini units. While Pegatron had previously made older iPhone models, the iPhone 5c represents the first time the company has been tasked with building a new model in Apple's lineup.
Pegatron expects sequential shipments of smartphones, tablets and game consoles to drop between 15 and 20 percent in the first quarter. But those losses are seasonal, as few new products ship in the first quarter.
Recent rumors have suggested that Pegatron could play an even greater role in Apple's supply chain going forward, with one report from last week claiming the company could be contracted to build a so-called "iPhone 6" later this year. It's been said that both Pegatron and Foxconn could share the manufacturing duties for Apple's next flagship smartphone.
At an investor conference held on Monday, the company revealed that its fourth-quarter earnings were driven by mobile devices, like iPhones and iPads. However, Pegatron officials declined to comment specifically on Apple products, meaning any data on the iPad mini or iPhone 5c remains unknown.
KGI Securities estimates that Pegatron's assembly contracts with Apple now account for 40 percent of the manufacturing company's revenue.
Foxconn has been Apple's primary assembly partner for years, but Pegatron has nudged its way into contracts to become the chief builder of iPhone 5c and iPad mini units. While Pegatron had previously made older iPhone models, the iPhone 5c represents the first time the company has been tasked with building a new model in Apple's lineup.
Pegatron expects sequential shipments of smartphones, tablets and game consoles to drop between 15 and 20 percent in the first quarter. But those losses are seasonal, as few new products ship in the first quarter.
Recent rumors have suggested that Pegatron could play an even greater role in Apple's supply chain going forward, with one report from last week claiming the company could be contracted to build a so-called "iPhone 6" later this year. It's been said that both Pegatron and Foxconn could share the manufacturing duties for Apple's next flagship smartphone.
Comments
Bwuh? The 5c is an epic fail, right? I mean all that stuff about how the 5c outsold all the flagship phones of competitors was made-up nonsense, right?
DED. Yup
Bwuh? The 5c is an epic fail, right? I mean all that stuff about how the 5c outsold all the flagship phones of competitors was made-up nonsense, right?
Well... actually... it was.
Well... actually... it was.
Positive news about Apple always gripes your hind end doesn’t it.
Particularly anything positive about the 5c. The 5c is for the colorful.
Well... actually... it was.
Come off it. Honestly. You have the numbers right in front of your face.
Come off it. Honestly. You have the numbers right in front of your face.
What numbers... you mean the breakdown from Apple?
... oh... wait...
(... and I'm not talking about the epic fail part of lkkrupp's comment)
Positive news about Apple always gripes your hind end doesn’t it.
Stop lying.
If there's one thing I think we can all agree on, it's that the 5c case was a flop.
If there's one thing I think we can all agree on, it's that the 5c case was a flop.
I disagree.
Well... actually... it was.
It was. OK, I agree. It isn't any more. I mean, how else can you explain figures like this? Canaccord Genuity is a regular contributor to Fortune Magazine. Can't accuse them of being some fly-by-night outfit, right?
http://tech.fortune.cnn.com/2013/10/06/apple-iphone-5c-canaccord/
It was. OK, I agree. It isn't any more. I mean, how else can you explain figures like this? Canaccord Genuity is a regular contributor to Fortune Magazine. Can't accuse them of being some fly-by-night outfit, right?
http://tech.fortune.cnn.com/2013/10/06/apple-iphone-5c-canaccord/
1. That's not what is in question.
2.
1. That's not what is in question.
OK, clearly I'm missing something. Enlighten me.
OK, clearly I'm missing something. Enlighten me.
Hint: Where does DED get his figures for the breakdown of iPhones sold?
Hint: Where does DED get his figures for the breakdown of iPhones sold?
Maybe DED is wrong. I don't care. I have my own figures as I've shown. Address those.
Maybe DED is wrong. I don't care. I have my own figures as I've shown. Address those.
I did... but that's not in question.
I did... but that's not in question.
Ha, ha, ha…cute, but I'm getting tired. Let's have some straight answers. Do you believe the iPhone 5C is:
Provide the rationale for your pick, otherwise this exchange is ended.
Ha, ha, ha…cute, but I'm getting tired. Let's have some straight answers. Do you believe the iPhone 5C is:
Provide the rationale for your pick, otherwise this exchange is ended.
Not sure why I should play your game if I was never ever saying that the iPhone 5c was a failure in the post above... nor have I ever said it in the context you are suggesting.
Not sure why I should play your game if I was never ever saying that the iPhone 5c was a failure in the post above... nor have I ever said it in the context you are suggesting.
Fine. Bye.