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Former Microsoft COO Bob Herbold on why the quality of the tech products available is a key factor for the strength of the sector and its outlook.
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As if you think apple -- in general -- getting a little frothy might again take it from him because Bob provoke.
Then -- -- Microsoft's former chief operating officer.
Always good daddy about you know I'm I'm a little surprising -- report their because this is what the wanted to flag some stores in Manhattan.
And -- they still have supply which is great I mean for buyers looking to get this.
That it is a little different than prior product announcements where they run out of it within sometimes minutes what do you make.
I think you're worried about it a little too much Neil let's face that these information appliances that are coming in all shapes and sizes these days are -- -- a firecracker.
The reason why as they're useful.
Those.
More notably you're not surprised that it did apple -- position as well make enough because they learned their lesson from prior product announcements that.
They run out of a product that union or over how you don't find that words.
Now you you'd you'd never -- -- worry about.
This issue if you've got funny a product that's not the problem you worry about so OK I don't think there's anything you should read into that -- Okay good on what -- progress is sure there because one the I have wondered -- and I've been looking at technology of lately technology stocks in the NASDAQ.
You know when it was -- in and out of 3000.
Are we revisiting the go go late ninety's and early 2000 of course march 2000 we got design is over 5000.
On the NASDAQ could you worried that it gets to beauty -- you brought the again and.
I don't think you're seeing the incredible exaggerations.
And valuations that you did during that period.
The good news.
At this time is that that the products are sensational.
The Smartphones that tablets.
The new -- -- PCs.
Power of these desktop machines.
It's just provides tons of capabilities and people are buying all of the above I mean today Unita Smart -- if you're on the road you need.
-- tablets if you wanna conveniently look at video and ebooks.
So you see this as the spillover to other -- Kennedys in other words there's always else in the market is you know about that did did that Apple's success.
Will just help be a rainmaker for other companies that aren't nearly as successful.
That used to be the case back of course you know in -- in the late ninety's and Amazon com and eBay and all that it led this incredible parade.
On the a and those two stocks where were the other -- of the others as we later found out of the collapse of -- looking -- at some of these others.
They just collapse now I'm wondering do you see anything like that happen to others are -- -- along for the ride and out -- they haven't.
I don't think you see that effect today -- like you did ten years ago.
Today they're big players so -- Samsung's the Microsoft's the apples that setter.
They're putting good products and people's hands in their finding them useful so.
I think we're on much sounder ground today.
Tom what about that -- -- future a lot of tech titans are are are there are concerns.
About hiring -- -- -- they want to hire very Smart good competent people they're worried about a lot the brain drain.
From this country and did some argue it out there ready Republican or Democrat in the -- -- latitude in Washington.
Is that the fly in the ointment.
Well talent is a problem let's face -- our universities.
Are not turning out the numbers that.
That we need in many instances quite often they're dominated by people who -- here with the without these and they have to leave because they can't get a permanent peace or Green card when they go to work and that's been a continual problem for years it's probably.
As bad now as that has ever been and then now America is the loser on that we should open that up wide because.
We need -- all the players we can get a hold of on a global basis we.
It is amazing you know they come here for a good education and some of -- as Smart as Americans.
And then they leave dynamic compete against -- Bob thank you it's always good seeing you.
Absolutely take care in the --
