首页
登录
职称英语
A handful of cash-rich companies are consolidating power in the technology
A handful of cash-rich companies are consolidating power in the technology
游客
2024-05-29
50
管理
问题
A handful of cash-rich companies are consolidating power in the technology industry, using their wealth to expand into new businesses and making it harder for small and midsize competitors to break through. Why the industry is evolving this way is rooted in balance sheets. Over the past two years, Apple Inc., Oracle Corp., Google Inc., Microsoft Corp. and six other large tech companies have generated $ 68.5 billion in new cash, compared with just $13.5 billion for the other 65 tech companies in the S & P 500 Index combined, according to a Wall Street Journal analysis of data provided by Capital IQ.
The rich few are funding investments at a time when many others have retrenched. Over the past year, Oracle paid $ 7.4 billion to get into the hardware business by acquiring Sun Microsystems, and Dell Inc. bought Perot Systems to add technology services. Cisco Systems Inc. spent more than $ 7 billion to acquire six companies. Google, meanwhile, has tapped its savings to fund moves into computer operating systems and mobile phones. Microsoft has financed its money-losing quest to take on Google in search with its cash. And Apple has used its reserves to develop the iPad and take aim at Google recently by acquiring a mobile-advertising company. Because of their massive cash accumulation, these companies can afford to take risks that smaller companies can’t at a time when the economy remains fragile. The result is a bifurcated (一分为二的) tech landscape, says Erik Brynjolfsson, a professor at the Massachusetts Institute of Technology’s Sloan School of Management.
The repercussions from the cash discrepancy are being felt throughout the industry. Some midsize tech companies are giving up trying to compete with their larger rivals. Others are gearing up to make their own acquisitions so as not to be left behind. For example, online-software maker Salesforce. corn Inc. nearly doubled its cash reserves in January by taking on $ 575 million in debt that it says it will use in part for future expansion and acquisitions. Other midsize tech companies, such as Ciena Corp., have recently scooped up smaller rivals to bulk up.
From the end of 2007 to the end of 2009, the 10 richest tech companies increased their cash levels by 48% to $ 210 billion. The other 65 tech companies listed in the S & P 500 upped their cash only 13% in the same period, to $118 billion. The upshot: The gap between the groups stood at a record. The gap would be even larger, except an accounting change caused Apple to designate about $10 billion of its holdings as long-term investments. [br] According to Erik Brynjolfsson, the great cash discrepancy in technology industry will ultimately lead to______.
选项
答案
a bifurcated tech landscape
解析
信息明示题。本题考查科技行业巨大现金差距带来的后果。文章在介绍各大公司的举措时,引用了布林约夫森教授的话,指出其结果是造成了科技领域一分为二的格局,故答案为a bifurcated tech landscape。
转载请注明原文地址:http://tihaiku.com/zcyy/3610126.html
相关试题推荐
Thetechnologyinnewautomobileschangessorapidly______(以至于今天的车比五年前生产的车要先进得
Technologyisatwo-edgedsword.Rarelyisthisasclearasitisintherea
Technologyisatwo-edgedsword.Rarelyisthisasclearasitisintherea
Technologyisatwo-edgedsword.Rarelyisthisasclearasitisintherea
Technologyisatwo-edgedsword.Rarelyisthisasclearasitisintherea
[originaltext]Asatradition,workersincompaniesarealwaysrequiredtow
withthesurgeofnetworkingmarketing,workathomejobsandMLMcompanies
withthesurgeofnetworkingmarketing,workathomejobsandMLMcompanies
withthesurgeofnetworkingmarketing,workathomejobsandMLMcompanies
Inrecentyearsthepotentialofinformationtechnologytoenhanceteaching
随机试题
ProtectingYourVehicleLossordamagetoyourcaror
Thedebateoverspanking(打屁股)goesbackmanyyears,buttheessentialquest
Mostworthwhilecareersrequiresomekindofspecializedtraining.Ideally,
太阳在夏至离地球最近。( )
关于房地产估价的方法,下列说法错误的是()。A.市场法适用的对象是交易活跃的
项目投产初期,要根据()估算各年达产率。A.市场产量水平 B.设计生产能力
广西壮族自治区的“左江花山岩画文化景观”是世界上迄今发现的画面最大、图像数量最多
下列关于阴道加德纳菌的叙述,错误的是A、正常阴道分泌物中不见或少见阴道加德纳菌
宪法规定,国务院对各部、各委员会发布的不适当命令、指示和规章有权: A发回
有益于他人,需要或接受报酬的行为属于()。 (A)利他行为(B)助人行为
最新回复
(
0
)