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Author Topic: Wall Street Not Worried About Foxconn iPad Facility Blast, But Should You Be?  (Read 681 times)
HCK
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« on: May 23, 2011, 03:00:04 pm »

Wall Street Not Worried About Foxconn iPad Facility Blast, But Should You Be?

While the impact of deaths and injuries from the Foxconn explosions should not be minimized, analysts Monday discounted the effect on iPad 2 production as minimal and ‘temporary.’ But is a 20-30% decrease in production when Apple is already struggling to fulfill demand really minimal? “We see this issue as temporary,” UBS Investment Research analyst [...]

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