News that Steve Jobs was stepping down as CEO of Apple led to a drop not only in the company's stock, but also in the shares of many of Apple's suppliers and partners.
After all, Apple dominates in the tablet space and is the second biggest player in smartphones. It also sells one out of every five new personal computers in the U.S., according to the latest research from NPD Group. In fact, Apple's revenue has beaten Wall Street expectations for nine straight quarters, according to Reuters.
Behind Apple's successful business lies a web of suppliers and distributors. These companies have profited from Apple's phenomenal success. Some of these firms have released statements commending Steve Jobs and voicing confidence in new Apple CEO Tim Cook and his management team.
We've drawn up a list of some of the biggest players in Apple's value chain.
Some companies are more reliant on Apple than others, but one thing binds them all together—in one way or another—they profit from Apple's continued success.
Here are 10 companies that will surely be impacted by changes at Apple.
By Rajeshni Naidu-Ghelani & Deepanshu Bagchee
Posted: 25 August 2011