Seeking Alpha

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

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."
From other sites
Comments (1)
  • Stealthe
    , contributor
    Comments (73) | Send Message
     
    Appl also has a small stake in Foxconn, if i remembered correctly. So, isnt this also in Apple's interest???
    6 Aug 2012, 06:01 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs