While Apple Inc (APPL) is busy resolving supply chain/logistical issues, the iPad Retina mini production reached a brilliant 4 million. This is not the only good news for Apple. The production of iPhone 5s has also gone up significantly so much so that the company is shipping all variations of the smartphone within 3-5 days. This apart, Foxconn has further boosted production capacity for the iPhone5s as the expense of cheaper iPhone 5c on Apple's request.
Foxconn, the contract manufacturer based in Taiwan, has around one million workers in China. The company operates approximately 100 production lines across the country at full capacity. According to sources, approximately 3,00,000 workers are dedicated to making components for iPhone 5s which includes components like metal castings. It is also rumored that the company has arranged for about 600 workers for the manufacture of every iPhone 5s in their production facilities.
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Apart from Foxconn's contribution what went in Apple's favor could have been the following:
High performance in the stock market:
When it comes to performance of stocks, you cannot forget Apple. The tech giant, a normally high performer seldom upsets its investors. After averaging at $510-$530 a share the stocks have now powered their way up and have shown strong presence in the investor's list. This boost to the company's stock is what has done the trick.
Accuracy:
The A7 chip, which also features in the iPad Retina Mini, makes iPhone 5s faster than any of its predecessors. This chip costs the company only $16 - $20 per unit. Thus, A7 is the driving force behind iPhone 5s' speed. The A7, for the record, used 64 bit processor. This sets iPhone 5s apart from any other previous variant of the smartphone.
To Conclude:
With iPhone 5s becoming a huge success, the company must make it point to learn from thi! s success story. They could well apply these success stratefies in their upcoming products. So it won't be wrong to say that with all the success the company might be the best but for an investor Apple's continuous share market gains as well as iPhone 5s' brilliant perform and the company's dominating performance in the field of music sales must be the reasons enough for investing your money in the company's stocks.
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