iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

$AAPL Dips on a FoxConn Hiring Freeze Report

Apple was down 2%, but seems to be paring losses only down 0.9%…

“Chinese iPhone-maker Foxconn is putting a hold on hiring and cutting production of the iPhone 5the Financial Times reports.

Foxconn is China’s largest private sector employer.

There are all kinds of reasons this could be happening.

Some possibilities…”

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