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In addition to information technology, because a lot of them also offer cloud computing or other kind of developer-targeted services: Apple: Consumer discretio
by vharuck 6y ago
In addition to information technology, because a lot of them also offer cloud computing or other kind of developer-targeted services:
Apple: Consumer discretionary (electronics)
Alphabet: Communication services (advertising and fiber networks), health care (mostly research), financials (investing), whatever urban planning is classified under,
Amazon: Consumer discretionary (retail), consumer staples (food)
Microsoft: Industrials (office services), communication services
Facebook: Communication services (chat apps and advertising)
I could be totally off base, and investors do ignore the "tech" label. But from what I've heard in the news and seen in discussions, it doesn't seem so.