Hon Hai Precision Industry, better known as Foxconn, reported an almost 20 percent drop in earnings in the past quarter. The problem, apparently, is lower than expected iPhone sales.
China is a top strategic market for Apple. But Samsung claimed the country’s smartphone title in 2012 for the first time, according to new data released over the weekend.
After three months of iPhone supremacy, Android is back as the top-selling mobile operating system in the U.S. And those who want Apple to produce a cheaper iPhone will know exactly why.