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Tech is Wall Street's Blind Spot
Jeff Bezos could have starred in The Emperor’s New Clothes. Other tech corps aren’t so lucky. Verizon is not just a cellular network anymore, iPhones will probably not be Apple's future flagship product and IBM is headed for a fairytale comeback. Tech companies are zooming forward, but analysts are stuck in the past. Now Bezos is finally wearing real clothes, but they aren’t as nice as everyone imagined. Wall Street is rating major tech companies on the wrong criteria.