Financial Review:

Apple’s obsessive secrecy, coupled with the extreme demands it makes of its manufacturers and the competition to join their ranks, means its suppliers dare not put a foot wrong. Apple’s patronage is a blessing when everything is going well but it can quickly become a curse. The consequences of a break-up can be devastating, as London-listed chip designer Imagination Technologies discovered this week.

It has been said of being a supplier to Walmart that, “it’s the best and worse thing that can happen to your company”. I’ve heard the same about Apple.