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Foxconn posts 46% revenue growth as Bloomberg forecasts 16M iPhone Duo sales

Foxconn reported a 46% year-on-year revenue increase, driven by growth in both consumer electronics and AI server demand. Separately, Bloomberg Intelligence forecast that Apple's iPhone Duo could sell 16 million units in its first 12 months, up from Apple's reported internal target of 14 million, which itself had been raised from an initial 9.7 million.