Apple Is The Entire Reason Why Tech Earnings Are Falling

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Friday, April 19, 2013 Apple Is The Entire Reason Why Tech Earnings Are Falling Apple is the second largest stock in the S&P 500, and it is by far the largest company in the information technology sector. As such, it has a huge impact on aggregate earnings growth. The iPhone maker is scheduled to report its Q1 earnings next Tuesday.  And analysts expect earnings per share to fall to $10.03 from $12.30 a year ago. "As a result of this expected decrease in EPS and Apple’s earnings weight in the index, the company is projected to be the largest contributor to the year-over-year decline in earnings projected for the Information Technology sector in the first quarter," says FactSet's John Butters.  "The earnings growth rate for the Information Technology sector is -4.0%. If Apple is excluded, the earnings growth for the sector improves to 0.2%." Here's a look at three and a half years of IT sector earnings growth with and without Apple. Read » Also On Money Game Today: FINANCIAL ADVISOR INSIGHTS: Kit Juckes Says Inflation Hawks May Be Caving REPORT: Italian Democratic Party Leader Bersani Expected To Resign Advertisement CHART OF THE DAY: The S&P Falls Beneath A Horizontal Line And A Diagonal Line CHART OF THE DAY: Apartment Construction Is Reaching 'Dangerous Levels' CHART OF THE DAY: The Global GDP Outlook In One Huge Map Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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