Foxconn shares skyrocket on iPhone 8 expectations

Foxconn

Although it is not ruled out that we will be disappointed in the end, this year there is optimism regarding the Apple smartphone because it is the year of the tenth anniversary of the iPhone. Analysts say that what is currently known as the iPhone 8 will be a big step forward, but it is not only analyst reports that are optimistic. The actions of Foxconn They have reached their highest value in ten years due to the expectations placed on the iPhone that the Cupertino will launch in 2017.

A few hours ago, Bloomberg published an article in which he claimed that Hon Hai Precision Industry, better known as Foxconn, has increased 29% in the last year, and all of this has been motivated by the 8th anniversary iPhone. We remember that the iPhone XNUMX would come with an OLED screen to the edges, a home button integrated into the screen, a glass design, wireless charging (or by induction) and, according to the latest rumor, facial recognition.

Foxconn prepares to have a good year thanks to the iPhone 8

Apple, which contributes half of the company's profits, played a pivotal role in the recent buoyancy of the stock. The US company reported stronger-than-expected iPhone sales this month during the key holiday quarter.

While the iPhone 7, introduced in September, failed to convince as many existing customers as its predecessor, it did attract new smartphone buyers. That bodes well for the iPhone slated for later this year.

Everything seems to indicate that sales of the iPhone 8 will break all records again, something that could be met even with a price increase that would make the next phone on the block exceed the $ / € 1000 barrier. If, as rumors claim, it arrived with wireless charging (remotely), the OLED screen that would offer better autonomy if black backgrounds are used, with Touch ID on the screen, facial recognition and the most likely improvement in the camera, where it would not be not bad to improve the aperture of the second lens, would you buy it?


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