Apple is much important in those groups of companies that form tech-related electronics products that without involvement of Apple negative growth would be seen, as Citibank revealed.
According to Jim Suva, the analyst of Citibank in the research “the tech electronics products supply chain hardly showing year to year enhancing productivity and may be in red if it was not for Apple”.
The supply chain has no specific collection of manufacturers, as many located in Asia.
Ex-Apple the subheading titled include Tech Supply Chain is not flourishing y/y and further Citibank told that Apple is backbone for growth.
The estimated annual sales growth in supply chain is shrinking quickly and is and is expected to reach +1.5 percent in the month of June, below the 5-year and 10-year average of +4.2 percent y/y and 6.8 percent respectively, as Suva wrote during the research.
Further he pointed out, year over year Apple on a dollars basis anticipate to outgrowing almost all Tech Supply Chain in the quarter of June, in other sense, subject to non-involvement of Apple Supply chain is actually declining.
Citibank converts supply chain into upstream suppliers such as semiconductor chip suppliers, “hubs” for example distributors and downstream vendors, like both wireless equipment and PC hardware suppliers.
The third generation product like iPods well maintains the supply chain humming. At the time of reporting in the second quarter of April, Apple described it to sold 118 million ipads, a 151% until enhance over the year ago.