Apple (AAPL), a major Sharp customer, is probably closely watching Foxconn's attempts to...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL), a major Sharp customer, is probably closely watching Foxconn's attempts to renegotiate its 9.9% investment in the Japanese company after its shares plunged last week following a profit warning and fell another 5.7% today. "Apple needs Sharp," says analyst Alberto Moel. "Sharp’s capacity is large enough that if it were taken offline, it could hurt Apple."