Despite its role as a manufacturer for the eagerly-anticipated iPhone 6, Apple manufacturer Foxconn has announced July as being responsible for its lowest monthly earnings since March 2013.
Surprisingly this comes not long after Foxconn posted record earnings of $131.82 billion for 2013, while company chairman Terry Gou claimed that this year’s earnings would be even greater. Nonetheless the company’s consolidated revenues of just (!) $8.66 billion for the month of July represents a decrease of 17.91 percent on month, and 13.3 percent year-on-year.
So what’s responsible for the drop?

