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Technology continues to lead the economy

PC sales growth may be slowing down, but sales of iPads and other tablets are booming.
Daniel Bogan
PC sales growth may be slowing down, but sales of iPads and other tablets are booming.

Economists say the recession ended in June, 2009, but for many of us, it’s hard to tell the difference. Unemployment remains high and the economy is growing slowly.

This month on "The Digital Future,"Strategic News Service publisher Mark Anderson and KPLU’s Dave Meyer look at the bright spot of the economy:  the technology sector.

PC sales may be growing slower than expected, but that doesn't mean the tech sector is in trouble. The phenomenal growth in sales of tablets (such as theiPad) more than makes up the difference.

Two years ago, Mark predicted the technology sector would recover from the recession much faster than the rest of the economy. That prediction rings true today. Microsoft, Apple, Intel and other technology giants are setting sales records and reporting big profits.

Mark sees a growing divide between technology and the rest of the economy:

"The companies and industries that are really tech driven are doing well on a global basis. And those which are not are really in the gutter, and that's a source of great concern."

On the Web:

"The Digital Future" is a monthly interview with technology expert Mark Andersoncovering the online world and all things digital. The feature is published here on the last Tuesday of every month and airs on KPLU88.5during Morning Edition and All Things Considered.

Dave Meyer has been anchoring KNKX news shows since 1987. He grew up along the shores of Hood Canal near Belfair and graduated from Washington State University with degrees in communications and psychology.
Mark Anderson is the CEO of the Strategic News Service® (SNS), SNS was the first subscription-based newsletter on the Internet, and is read by Bill Gates, Michael Dell, Mark Hurd, and industry leaders and investors in computing and communications worldwide. Mark is the founding chair of the Future in Review® (FiRe) Conference, which the Economist has labeled “the best technology conference in the world,” as well as of SNS Project Inkwell, the first global consortium to address technology design changes for one-to-one computing in classrooms. He is the founder of two software companies, a hedge fund, and the Washington Technology Industry Association “Fast Pitch” investment forum, Washington’s premier technology investment conference.