I don't believe we are in a tech bubble, I think that the tech area is very stable and it will grow even further with all the wearables that are being developed and that will transform the face of society soon enough, at least that's how I see it.
True I suppose. But then there's only so much money to go around for normal marketing too, and yet here we are, years later with marketing companies still thriving.
I never forget that companies that are very well-managed tend to find more and more out-of-the-box ways to make money. Companies like google and Apple have the money and the brains to do all sorts of things. Don't think they're limited to selling advertising and producing widgets to make $.
Yeah, this is the way I would look at it. Technology is always going to keep growing and getting more advanced. So, I wouldn't say that we are in a tech bubble.
Exactly. Sure, some the companies that are around now won't be around in fifty years time. But some will be. I mean, HP has been around for quite some time now, and they're still going. However, by the time you get there, instead of asking if you should invest in Amazon's new smartphone, or the new console coming from Sony, you'll be asking if you should invest in nanofiber carbon tubes or the up and coming nanofiber organic tubes.
Lots of people are betting on tech right now, which tends to lead to excessive optimism and inflated pricing. Without question, we could quite possibly be in that bubble. That said, I'm usually banking more-so on M&A than anything within this sector. Lots of the big guys want to stay relevant, so they'll be gobbling up companies that help them do so. Yahoo is doing rather reasonable in this realm.
We are absolutely in a tech bubble. It seems like all the big names are online now: Amazon, Apple, Google, Facebook. I believe eventually this will expand to be Amazon, Apple, Facebook, Google, X, Y, and Z. There are so many already but the internet is unlimited in supply and the ideas never stop flowing. At the same time, society is in a constant state of flux. Right now Facebook is the BIG thing but it'll pass eventually.