iPhone 8 is going to be released by the end of this year by the Apple company, and until then analysts make various estimates regarding its sales in 2017. These estimates suggest that the iPhone 8 will generate massive sales during this year, and Apple's partners benefit from full of this very high interest for the future product.
Based on this very high interest in iPhone 8, the people from Foxconn registered record increases in the value of the shares on the international stock exchanges. According to some analyzes by Asian analysts, Foxconn's share prices increased by 29% during 2017 thanks to expectations regarding very high sales for the iPhone 8.
Many people are expecting major improvements for the iPhone 8 this year from Apple, and Foxconn will take full advantage of them. Analysts estimate sales of over 100 million units for iPhone 8 in 2017, and those from Foxconn will produce most of these products for Apple.
iPhone 8 – how Apple partners benefit
Although at the moment iPhone 7 sales are decreasing and Foxconn is reducing the production of terminals for the Apple company, things will change for the iPhone 8. Considering that there is speculation about a possible early release for the iPhone 8 this year, Foxconn could register a substantial increase of receipts until the end of the year.
"Apple, which accounts for half the company's revenue, played a pivotal role in the stock's recent buoyancy. The US company this month reported stronger-than-expected iPhone sales during the key holiday quarter. While the iPhone 7, introduced in September, failed to convince as many existing customers to upgrade as its predecessor, it did attract new smartphone buyers. That bodes well for the iPhone slated for later this year.”
Apart from Foxconn, there are a multitude of other Apple partners that will benefit from increased revenue thanks to the release of the iPhone 8. For all of them, we will hear good things from analysts until the iPhone 8 is officially released, so it's a few months away. extremely interesting for the new Apple product.
