Wednesday 21 March 2012

Is information technolgy really can make us rich?



Information technology industry is the one of the most competitive industries in present day among all the the industries. However, more and more college students  start to choose other programs instead of computer science. What is the reason behind this? Perhaps, it is because the cycle of technology advancement is unbelievable short. Since the technology is advancing at a fast pace, people are suffering from learning new materials all the time in order to update their knowledge. However, is this help the people in IT industry gain more wealth or a decent salary in someway? Personally, I think technology advancement really help us to gain wealth. Apple is an very good example for illustrating information technology can make us rich. Just a few days ago, Apple's stock price has risen to 600 dollar per share, and the company has almost 100 billion cash in hand. What makes Apple is so success and become a cash cow for investors? well, I think the answer is information technology advancement. By the time Apple introduced its new iPhone back in 2007, other IT companies were still unable to come up with a similar product. That is the power of information technology advancement, and it strengthened Apple to compete with other IT companies. David Goldman, a new reporter from CNN mentioned Apple's success in his article:”It was almost exactly one month ago that Apple cracked the $500 level for the first time. Apple passed the $400 level for the first time seven months earlier, and it's been just 17 months since it passed $300. Shares traded above $200 for the first time in October 2009." (Goldman, CNN) Obviously, from the information provide in his article we shocked by the incredibly fast speed of share price risen. And the main factor of the Apple's success is about IT advancement. It is not only benefit Apple, it also benefits each individual in the society who is learning and using it properly. Ultimately, I believe if we learn it well, we can use our knowledge to develop new staffs and contribute to IT industry, we will success at some point in the future by introducing new information technology.


Reference:
Article:  Apple shares top $600
Author: David Goldman, CNN, Mar 15 2012   
http://money.cnn.com/2012/03/15/technology/apple-stock/index.htm
Pictures:
http://money.cnn.com/quote/quote.html?symb=AAPL
http://fs01.androidpit.info/userfiles/689923/image/steve-jobs-cash-money.png

2 comments:

  1. I find the growth of Apple to be unbelievably remarkable! The rate at which their stock price has grown is insane. I think the main reason Apple has reached the success it has, is not only through innovation but the user experience.

    Apple products come at a premium. You can easily find a laptop that has the technical specifications of the MacBook Pro, and it will probably be half the price. However, people are continuing to choose the Apple product. Why? It's simple. People have a tendency to like things that are appealing, easy-to-use, and provide a satisfying user experience. Apple has mastered that. Because of that, they've been able to innovate far better than their competitors and not only make a huge profit but also make advances in the field of Information Technology.

    http://mzrtdot.blogspot.ca

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    1. I am totally agree with you. Apple really has done a excellent job on user experience compare with others.
      And I believe user experience really can benefit the IT companies if they are more focus on this part. I hope there will be more companies like Apple who focus more on user experience in the future.

      http://utcser.blogspot.ca/

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