Apple CEO Tim Cook presents the keynote address during Apple’s worldwide developer conference in San Jose, California, on June 3, 2019. Apple’s revenue rose 11 per cent in the second quarter to just under US$60 billion. Photo: AFP Apple CEO Tim Cook presents the keynote address during Apple’s worldwide developer conference in San Jose, California, on June 3, 2019. Apple’s revenue rose 11 per cent in the second quarter to just under US$60 billion. Photo: AFP
Apple CEO Tim Cook presents the keynote address during Apple’s worldwide developer conference in San Jose, California, on June 3, 2019. Apple’s revenue rose 11 per cent in the second quarter to just under US$60 billion. Photo: AFP
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Three reasons big tech will remain the safest bet in a post-Covid-19 world

  • While tech valuations have been compared to the dotcom bubble, the interest rate and liquidity landscape today is starkly different from March 2000
  • Moreover, the rally in tech stocks is justifiable, given that these companies are highly profitable and their business models are ideally suited to the pandemic

Apple CEO Tim Cook presents the keynote address during Apple’s worldwide developer conference in San Jose, California, on June 3, 2019. Apple’s revenue rose 11 per cent in the second quarter to just under US$60 billion. Photo: AFP Apple CEO Tim Cook presents the keynote address during Apple’s worldwide developer conference in San Jose, California, on June 3, 2019. Apple’s revenue rose 11 per cent in the second quarter to just under US$60 billion. Photo: AFP
Apple CEO Tim Cook presents the keynote address during Apple’s worldwide developer conference in San Jose, California, on June 3, 2019. Apple’s revenue rose 11 per cent in the second quarter to just under US$60 billion. Photo: AFP
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