"Microsoft : $3.2 billion quarterly net loss. "
IBM "revenues dropped for
the 13th consecutive quarter and fell short of analyst expectations."
United Technologies: "cutting its full-year profit
outlook for the third time this year."
(From Various Reuters Reports)
Is it that the tech companies are
experiencing a slow down as an aftermath of global slowdown?
Are technology companies undergoing
the throes of disruptive power?
Are we seeing a withering away of
technological centricity- of tech concentric power?
Are the old 'too big to fail
companies'(TBTF) companies (IBM, Microsoft) set for struggle or lost in the woods of Internet of Things?
Is the IoT driving towards a
restructuring of the internet industry?
What is worrying for the real
world industry is that technology, which is what drives productivity is lagging
behind. If tech companies are under spells of non performance, real companies
taht depend on technology for their throughput cannot be far behind.
Technological innovation must be most focused on the Internet of Industrial Things to keep the growth momentum.
A worrying day for growth
optimists.
Note: This blog offers no investment advice. The views
expressed here are without any risk or responsibility.
No comments:
Post a Comment