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
2024-05-16
4
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, Jo $ 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 gap between companies 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异带来的后果。文章在介绍各大公司的举措时,引用了Brynjolfsson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:https://tihaiku.com/zcyy/3600914.html
相关试题推荐
Researchnowsuggestscompaniesthattrytomakeemployeeshappycouldbenef
Researchnowsuggestscompaniesthattrytomakeemployeeshappycouldbenef
Ahandfulofcash-richcompaniesareconsolidatingpowerinthetechnologyi
Ahandfulofcash-richcompaniesareconsolidatingpowerinthetechnologyi
Ahandfulofcash-richcompaniesareconsolidatingpowerinthetechnologyi
Largecompaniesneedawaytoreachthesavingsofthepublicatlarge.The
Largecompaniesneedawaytoreachthesavingsofthepublicatlarge.The
Largecompaniesneedawaytoreachthesavingsofthepublicatlarge.The
Largecompaniesneedawaytoreachthesavingsofthepublicatlarge.The
Largecompaniesneedawaytoreachthesavingsofthepublicatlarge.The
随机试题
Forthispart,youareallowed30minutestowriteashortessayentitledOn
WhenandwherewasthefirstWorldCupplayed?[br][originaltext]On26May,
Insome【S1】______centers,workaholismissocommonthatpeopledonot【S2】___
[originaltext]Peopleovertheageof65intheUSAarecalledseniorcitize
在计息、贴现方式相同情况下,债券价格、必要收益率与息票利率之间的关系表述错误的是
35kV及以下的三芯电缆运行时,最小弯曲半径为:有铠装();无铠装()。
下列做法中,属于社会工作者对同事的伦理责任是()。A.公正与服务 B.团队内相
简述现代企业人力资源管理各个历史发展阶段的特点。
A.酸值加皂化值 B.皂化值减酸值 C.酸值减皂化值 D.羧酸和酚类成分总
男,46岁。近3个月出现尿频、尿急,排尿迟缓、断续,既往体健,应采取的治疗措施A
最新回复
(
0
)