«Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,» an Apple spokesperson told the New York Times in an email. (businessinsider.com)
«Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,» an Apple spokesperson told Fortune. (fortune.com)
But in the late 90s, when small technology companies with excessive valuation premiums displaced big businesses from the large - cap universe, investors who thought large caps were low risk got a double whammy — large - cap stocks» earnings and P / E multiples both declined sharply. (oakmark.com)