首页
登录
职称英语
A handful of cash-rich companies are consolidating power in the technology i
A handful of cash-rich companies are consolidating power in the technology i
游客
2024-05-04
36
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 (开支紧缩). 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 move 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 consequences from the cash discrepancy (差异)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. com 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] Cash-rich companies tend to expand and leave little room for small and midsize competitors to develop due to______.
选项
答案
balance sheets
解析
同义转述题。本题考查造成科技行业出现了强者更强、弱者更弱的趋势的原因。题干中的tend to是对原文中is evolvingthis way的同义转述,而due to则对应is rootedin。第二句明确指出这一趋势的根源是资产负债表,故答案为balance sheets。
转载请注明原文地址:https://tihaiku.com/zcyy/3583103.html
相关试题推荐
ModernTechnologyandHumanIntimacy1.有人认为现代科技拉近了人们的距离2.也有人认为现代科技反而把人与人之间的距离拉开
Ahandfulofcash-richcompaniesareconsolidatingpowerinthetechnologyi
Ahandfulofcash-richcompaniesareconsolidatingpowerinthetechnologyi
Ahandfulofcash-richcompaniesareconsolidatingpowerinthetechnologyi
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
随机试题
Decemberisoftenthemonththatpeoplespend,spend,spend.Now,withJanua
已经某工程双代号网络计划的计算工期为130天。如果计划工期为135天,则关键线路
“城市规划是两维空间,城市设计是按三维空间的要求考虑建筑及空间”,这种观点出自于
______是教育的基本特征。
证券公司应当根据自身资产负债状况和业务发展情况,建立()的风险控制指标监
有很好的绝缘性能,可以在不切断电源的条件下扑救电气火灾,尤其用于那些含油的电气设
我国法定的公布性文件包括( )。A.布告 B.通告 C.通报
“俏色”指的是一种利用玉的天然色泽进行雕刻的工艺。这种工艺原来被认为最早始于明代
同一种药物因剂型、给药方式不同,会出现不同的作用速率。下列选项中,药物起效最慢的
建筑安装工程的分部工程可按( )划分。A.专业性质 B.施工工艺 C.施工
最新回复
(
0
)