If the latest spherical of quarterly earnings are any guide, the tech trade is coming again down to earth. Assuming that the pair meet analysts’ expectations, GAFAM’s revenues and income will each have elevated however by a extra modest 26% and 39%, respectively. The slowdown—or breather, if you will—provides additional evidence of the degree to which the pandemic has modified the tech trade. The question nows whether or not the sector is on a new trajectory or will revert to kind over the following few years.
- Developments in historic occasions, together with the printing press, the telephone, and the Internet,