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You’re lucky today. Tomorrow isn’t so clear. Ad spends are dropping and dropping fast. Amazon is a retailer. Apple sells luxury goods. Cloud and Microsoft a
by nostromo 7y ago
You’re lucky today. Tomorrow isn’t so clear.
Ad spends are dropping and dropping fast. Amazon is a retailer. Apple sells luxury goods. Cloud and Microsoft are dependent on big spends from enterprise.
All of this is at risk. Tech isn’t independent of the Main Street economy.
- chickenpotpie 7y agoNothing is independent from the economy, but somethings are less elastic. Apple might also be doing better than others right now because they have a ridiculously large cash reserve and can probably wait this out.
- vvanders 7y agoCertainly not independent but given the option of supporting people in a time of need and pushing them back to work and stressing the healthcare capacity of the county we certainly seem to be trending towards the latter.