Comments on: Troubled times ahead for tech?

Politicians are turning cartwheels to connect the meltdown on Wall Street to Main Street. But the companies along Hwy. 101 are just as vulnerable to a crummy economy.

[Lerianis]

Okay, I have a big problem with this article: the fact is that the online advertising industry is only a small part of the industry as a whole, and yes, companies CAN survive on advertising revenue alone.... if they are a small company or have a very popular, thereby very lucrative website.

[maverick_nick]

Let's not get ahead of ourselves here. Majority of the problem is based on incorrect presumtion and lack of confidence more than anything else. While that is a serious problem, I don't believe that it's reason to worry too much. Sure, some tech companies will take a bit of a hit as some companies reduce their IT budgets amongst other things. However, any company that has a decent business model (with the fundamentals in place) will survive. Banks are still doing business and people are still getting loans.

[daviddohoney]

Yea, try to get a decent paying job.

[AppleSuxLeo]

Apple lost $9 more thursday...MSFT only lost 23 cents. Sux to be AAPL !

[YankeePoodle]

I am no fan of apple, but comparing Apple shares with Microsoft is not fair since apple is 100+ stock and microsoft is 25-ish stock.

I dont hate apple, I just dislike their philosophy

[sevort]

Wrong. Actually, many companies would want to be Apple now, because unlike sony, hp, etc of the world who don't have cash reserves, Apple can weather any financial storm with no trouble whatsoever with their huge piles of cash...

[elllroy]

i wonder what apple will buy. after that quarter they will have around 25bn on the bank. they refuse to pay a dividend, they must have a plan what to do with that amazing amount of cash. buying sony or a stake in intel?

[smokified]

The advancement of technology will surely slow down, but the need for technological services will not. That is like saying that the demand for healthcare will decrease.

We as a country have become so dependant on our technology that most compaines cannot function without it.

[norman_siow]

Nothing to do with the content of the article itself but I can't help noticing the graphic of the supposed skyline of Wall Street is actually of Singapore!

[sourceview]

Well, I may change my ideas in a month or so, but at this point I am having trouble hiring technology people who are worth their weight in process oats. First, I am getting minimal response to my elance or guru ads, minimal response to my CL ads (except from China and India). Second, the responses I am getting are not truthful about their capabilities, with outright falsehoods on education, job history and skills. Third, those who do respond are outright flaky (forget appointments, show up on Sunday expecting an interview, sickly, human relations disasters, arrogant, paranoid) you name it. At this point, bottom of the barrel is not in my cards. Now, how many companies will go under? Well, if they base their programmers in India, and keep a tight leash on them, maybe no more than a few. If these companies have hired bozo's like I have seen in the marketplace, that figure could be huge. All the real talent are in the 50's now, it can only get worse.