There is a common view that these well-established large tech firms will prove enduring for years to come. That may well be true as the internet evolves from a high-growth sector into a utility-like service. But the information age has this annoying habit of disrupting the norm.
The whole thing is made of glass. I will probably smash that lovely screen that costs $279 to fix. I also don’t want to pay a thousand bucks to look like an animated animal. Nor do I want the phone fire a billion lasers at my face just so I can open it. Find out why I didn’t buy the iPhone X.
We are told that the value of these tech stocks has risen because they are far more important to us now than they were before. The truth is that they’ve altered the shape of the S&P 500 in an almost unrecognisable way.
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