The contract manufacturer that assembles many of Apple’s mobile devices, Foxconn, had a very strong September according to the company. For the month, revenues rose 30% to $584.93 billion Taiwan Dollars ($18.8 billion USD). This was the fifth consecutive month where top line growth was in double digits. And while the U.S.-China trade war swirls around Foxconn, thus far the Apple iPhone has managed to avoid being a casualty of war. Of course it helps that the U.S. president, who started the trade war, uses the iPhone as his daily driver.
September was the last month of the third quarter, and the strong results helped Foxconn report record third-quarter and nine month revenue numbers. Some analysts are looking at Foxconn’s results and are now expecting Apple to report a strong fiscal fourth quarter earnings report (which covers the same three month period from July through September). Apple will release these results on November 1st.