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The Titans of Tech Will Ride Out the Pandemic

0 | By Strategic Tech Investor Staff

Apple Inc. (AAPL) and Microsoft Corp. (MSFT) were bracing themselves for trouble when they warned early on that the coronavirus crisis might impact their next financial reports. That might be true, but that’s also the reason that the giants of big tech are in a great position to hang on and make an outstanding comeback, even if their stock prices drop in the short term. They are prepared to handle the challenge, whether that’s Apple transferring its business to purely online services, or Amazon.Com Inc. (AMZN) hiring to keep up with the now-indispensable delivery business. Not only that, but the fundamental long-term growth potential of new technologies like artificial intelligence hasn’t gone anywhere. A great moment to buy might be coming up soon.

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