In tech, superficial trumps social good
Apple recently posted a quarterly earning of $51.5 billion, bringing its yearly haul to $234 billion, a startling growth of 28% over last year’s earning. This remarkable success has been enjoyed widely in the past year by the tech sector with Amazon, Facebook, Microsoft, and Intel stocks skyrocketing. While the tech sector has surged, the biotech and medical sectors have languished with the Nasdaq Biotech, S&P Health Care, and S&P 500 Health Care Facilities indexes all encountering steep declines.