Wednesday, December 7, 2005
After a month of iPod Nano into the market, Apple’s digital music player driving many sales during thanksgiving triggers the rise of its stock price including Apple's Taiwanese suppliers.The stock price of Apple Computer has risen to US$72.63 last Friday from the price of US$58 in last October.
While back in Taiwan, same effect on Apple's top suppliers such as Jess-Link's stock price has reached NT$35.7; Foxlink has reached NT$107. Local OEM factories such as Foxlink and Jess-Link Products Co., Ltd have reported its turnover into new record in November after receiving additional orders of iPod. Foxlink's turnover has broken through NT$ 3.5 billion, up by 60 percent compared to the same quarter of last year. While Jess-Link makes its break through of NT$ 400 million, up by 45 percent from the same period of last year.
Due to additional orders from Apple, Foxlink said their shipments of iPod's flexible connectors and power cable have redoubled and the company is expecting the 4th quarter's turnover to exceed NT$10 billion. The North America celebrates thanksgiving day and Christmas day every year, gives big business opportunity for many companies like Apple and Microsoft to capitalize. This season, the consumer electronic market products saw a great sale, particularly the three most popular products namely, iPod Nano of Apple, XBOX360 of Microsoft and various large sizes of LCD-TV.
Also, iPod Nano and XBOX360 have sold out immediately on every electronics stores, forcing many people to place advance order till the earliest delivery date in February next year. The shortage of iPod will go through to quarter of 2006 and show no sign of slowing down in the consumer market, enters its traditional off-peak quarter.
By: DocMemory
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