Foxconn reports a bumper April thanks in part to iPhone 12 shipments

Tim Cook at Foxconn (Image credit: Apple)

What you need to know

Apple partner Foxconn has reported a bumper April.
Foxconn saw revenues of almost $18 billion this past month.

Apple's manufacturing partner Foxconn has reported its best April yet with revenues of $17.62 billion. Industry sources say that strong iPhone 12 shipment numbers have been one of the reasons for the bumper numbers.

According to a DigiTimes report, Foxconn has iPhone 12 and PS5 to thank for producing the best April yet with growth of 13.44% on the month and 31.39% on the year.

The revenue growth was mainly attributable to booming shipments for the iPhone 12 series and the PlayStation 5 game console, according to industry sources.

Foxconn's outlook has long been strongly tied to Apple's iPhone sales and today's news comes after Apple shared its Q2 2021 earnings last month. Apple CEO Tim Cook cited iPhone 12 as a key performer at the time.

Mac and services delivered all-time record results, and we set new March quarter records for iPhone and wearables, home, and accessories. To provide some color on our results, let's turn to our product categories. We saw very strong performance for iPhone, which grew 66% year over year, driven by the strong popularity of the iPhone 12 family.

Apple's iPhone 12 is the best iPhone for most people right now and it's easy to see why it is proving popular. Apple will announce its new iPhone 13 lineup this September which will in all likelihood sell just as well, if not better.

Oliver Haslam has written about Apple and the wider technology business for more than a decade with bylines on How-To Geek, PC Mag, iDownloadBlog, and many more. He has also been published in print for Macworld, including cover stories. At iMore, Oliver is involved in daily news coverage and, not being short of opinions, has been known to 'explain' those thoughts in more detail, too. Having grown up using PCs and spending far too much money on graphics card and flashy RAM, Oliver switched to the Mac with a G5 iMac and hasn't looked back. Since then he's seen the growth of the smartphone world, backed by iPhone, and new product categories come and go. Current expertise includes iOS, macOS, streaming services, and pretty much anything that has a battery or plugs into a wall. Oliver also covers mobile gaming for iMore, with Apple Arcade a particular focus. He's been gaming since the Atari 2600 days and still struggles to comprehend the fact he can play console quality titles on his pocket computer.