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
20
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] What are some rich companies doing while many others are tightening their belt?
选项
答案
Funding investments
解析
同义转述题。本题考查现金充裕的公司的举措。题干中的are tighteningtheir belt是对原文中retrenched的同义转述。定位句指出,少数资金雄厚的公司在很多其他企业缩减开支之际大举投资,故答案为Fundinginvestments。
转载请注明原文地址:https://tihaiku.com/zcyy/3583104.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
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
Aneverincreasingnumberofcompaniescometorealizetheimportanceofpub
随机试题
It’s_____thecaseintheregion:astoryalwayssoundsclearenoughatadistan
[originaltext]Hello,I’mCallumRobertsonandyou’relisteningtothemusicsho
[originaltext]M:Idolikethosecolorfulbirds.Ithinkyoucanteachthemto
具有高职(专科)学历的毕业生退役后报考普通高校本科,下列说法错误的是()A.与其
我国现有耕地面积占全球耕地的7%,而人口却占世界人口的A.22% B.32%
当小机器人“金字塔漫游者”吃力地沿着长约64米的“南通道”独自向上攀爬时,这段9
公司信贷业务是我国商业银行的重要()业务。A.中间 B.表外 C.资产 D
下列关于确定遗产管理人的说法中,正确的是( )。A.继承人均放弃继承的,由被继
某公司中标承建城区排水管道工程,长度976m,DN800mm~DN1200mm
A.细菌 B.类毒素 C.梅毒螺旋体 D.衣原体 E.病毒属于非微生物的
最新回复
(
0
)