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Tech Saved America, And It’s Showing No Signs of Stopping

0 | By Strategic Tech Investor Staff

After a period of troubled economic times, tech is what has allowed the country to keep on functioning. We’ve seen it from fields like e-commerce, cloud computing, and fintech and the numbers show it. Thanks to tech, America saw a 7.4% GDP increase in Q3 of 2020. Leading tech players are making good on that, with Amazon.com Inc (AMZN) in particular managing to boost earnings by 192%. Apple Inc. (AAPL) suffered a setback, thanks to delays in getting out its first 5G iPhone model, but that won’t change Apple’s status at the standard by which mobile phone technology is judged.

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