A typical and hollow hit piece on Apple from the good folks over at Business Insider who do some “leg work” to determine all of the jobs Apple has destroyed by creating products that have left companies struggling to keep up, thereby creating layoffs across multiple industries.
But what about the competitors Apple has bumped off in its relentless move to the top? What about the once-profitable markets, products, and companies it has destroyed? What happened to those jobs?
Business Insider analyzed data on Bloomberg, went through dozens of 10-Ks, and read through layoff announcements to see how Apple’s peers have done.
What we found:
Apple has destroyed nearly as many jobs as it helped create, eliminating some 490,570 positions.
What a non-scientific hoot.