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What Foxconn profits can tell us about Apple

Workers put up scaffolding on a building owned by the contract manufacturer Foxconn International Holdings Ltd on November 28, 2010 in Shenzhen, China.

Apple and Samsung both reported quarterly earnings last week. Today we hear from the company that makes many of the gadgets they sell -- Taiwanese tech giant Hon Hai, or as we know it, Foxconn, according to the Financial Times.

Alex Guana, analyst with JMP Securities, joins Marketplace's Ben Johnson to discuss Foxconn and Apple's recent performance.

Update (11:30 am EST): This story has been updated to include sourcing to the Financial Times.

About the author

Ben Johnson is the host of Marketplace Tech.

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