The LA Times last week ran an article that tech is slumping as evidenced by declining revenue at Google, Microsoft, Oracle, and Apple. At the same time Facebook’s stock reaches $40 and Uber raises $258 million on a $3.5 billion valuation. There is a definite shift from PC to mobile. The article cited the ipad’s slowing sales–but tablet sales in general are still rising. It does not appear that any other publication picked up on the LA Times story. You can read thei LA Times article below.
Tech industry slips into a surprising slump – Page 2 – latimes.com.