If the newest round of quarterly earnings are any information, the tech business is coming back right down to earth. Assuming that the pair meet analysts’ expectations, GAFAM’s revenues and income will each have increased however by a extra modest 26% and 39%, respectively. The slowdown—or breather, when you will—provides extra evidence of the diploma to which the pandemic has changed the tech industry. The query nows whether or not the sector is on a new trajectory or will revert to kind over the next few years.
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