, Columnist
Tech’s Terrible Week, in 10 Charts
From semiconductors to social media to the cloud, the industry delivered a torrent of bad news.
Under pressure.
Photographer: Michael Nagle/Bloomberg
This article is for subscribers only.
It was indeed a terrible, horrible, no good, very bad week for the tech sector. From semiconductors and social media to computing and the cloud, the world’s biggest companies made plain in earnings reports the raft of challenges they are confronting. With a flood of unfavorable numbers coming their way, investors took in the news and sold.
Most of the biggest tech names managed to regain some ground Friday, propelled by Apple’s comparatively healthy performance. But the overall mood remained glum.