TAIPEI, March 28 Taiwan's Hon Hai Precision
Industry Co Ltd, the world's largest contract
manufacturer of electronic devices, beat analyst estimates with
a 15.3 percent rise in quarterly profit, boosted by record sales
of client Apple Inc's iPhones and iPads.
October-December net profit reached T$42.6 billion ($1.40
billion) from T$37.0 billion a year earlier, according to
company figures released Friday.
The result compared with the T$40.1 billion mean estimate of
13 analysts polled by Thomson Reuters.
Shares of Hon Hai closed flat before the earnings release,
in line with in the benchmark index.
($1 = 30.5315 Taiwan Dollars)
(Reporting by Michael Gold. Editing by Jane Merriman)