Last quote by Scott Kessler
Scott Kessler quotes
In doing an analysis of the tech companies in the S&P 500, you see a handful of companies that are paying 15, 16 percent tax rates. I would argue those type of companies would definitely be in the cross hairs of a new approach to taxation from the Clinton presidency. IBM and Alphabet would be on that list.
Weaker consumer spending in the U.K., perhaps due in part to Brexit uncertainties, could adversely affect eBay and PayPal.
The S&P 500 technology sector generates a greater percentage of revenues from non-U.S. sources than any other sector.
China is just an extremely difficult place for tech companies to gain traction and succeed. It's extremely difficult because… it's the best home-court advantage in the world. The government has afforded advantages to home-grown companies.
Despite earnings per share significantly exceeding estimates, IBM did not raise guidance, it actually maintained its outlook.
We see the potential for related disappointment, given continuing fundamental challenges and questions about company leadership. There's no reason for me or anyone else to be more optimistic on Yahoo's business than we were days, weeks or months ago.
Private market valuations around the technology areas have collapsed over the last three to six months. Wouldn't it make sense to capitalize on the opportunities that have arisen? That has to be yes. They haven't done any significant acquisitions since Periscope.
It really is so unique. And the reality is they are doing a very, very good job of delivering each and every quarter. It's clear that they have a focus, and they are executing against it.
These changes probably are painful and unfortunate in many respects. The reality is that I don't know that Satya Nadella would have acquired the Nokia kind of businesses that were bought in April. That was a deal he inherited.
User growth and engagement growth, I think is somewhat called into question at this point. Twitter has pretty much been a momentum story, a momentum stock but it seems like in certain respects the momentum has maybe fallen somewhat when it comes to the fundamentals.
Twitter is not the first, the second, or the third but the forth largest global social network based in the US behind Facebook, Google+ and behind LinkedIn and there was a reason for that because it is just not as accessible or easy to use as maybe other platforms are.
It seems like maybe people forgot about the fact that Google let us know multiple times recently that they were taking a pretty significant restructuring charge associated with Motorola.
It's really a combination of Google sites and Motorola which we think largely contributed to the disappointment.
If you think about this, it's really all about one thing – it's about competition with Google, and Microsoft and Yahoo frankly have had some difficulties being successful in competing with Google; they've had some small victories in the last number of months, but ultimately Microsoft decided the time was right to strike.