Apple's controversial, but improved, manufacturing partner Foxconn had a strong second quarter thanks to iPhone sales surpassing expectations for the period. Net profits were up 41 percent over the June quarter in 2012. According the Wall Street Journal, Apple accounts for 40 percent of the revenue for the company, also known as the Hon Hai Precision Industry Co.
June's numbers were helped by Apple's own strong quarterly numbers, in which the company shipped a record 31.2 million iPhones. The WSJ report however paints a bleaker picture of the company's fortunes. Shares of Hon Hai h