CHART OF THE DAY: Without Apple, The Tech Sector's Profits Would Be Terrible

button more charts
button chart prev
button chart next

Without Apple, the tech sector’s profits would have been off by 3% in 2011, according to this chart from Barclays Capital. With Apple, profits are up 7%.

Of course, you can never perfectly remove Apple, since Apple helps take earnings away from other companies, so presumably a fair number of their competitors would be more profitable if Apple ceased to exist.

chart of the day, tech with and without apple, march 2012

Follow the Chart Of The Day on Twitter: @chartoftheday

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.