Apple: Freeze At Foxconn Rather About HP, Says UBS
Apple (AAPL) shares have been under pressure today following reports from Japan’s Nikkei News Service and others saying that manufacturing partner Foxconn was “freezing expansion plans” at the main plant in China making Apple’s iPhone 5, citing remarks from Foxconn representatives. However, UBS’s Steve Milunovich, who follows Apple and rates it a Buy, this afternoon [...]
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