Apple is so important to the group of companies that build tech-related electronics products that without Apple there would be negative growth, according to Citibank.
The tech electronics supply chain is barely showing year-to-year growth and would be in the red if it wasn't for Apple, according to a research note today from Citibank analyst Jim Suva.
The supply chain is an amorphous collection of manufacturers, many located in Asia.
In a subheading titled "Ex-Apple, the Tech Supply Chain is Still Not Growing Y/Y," Citibank said Apple is the linchpin for growth.
"Projected annual sales … Read more