Quote from harrytrader:
Deflation is on software industry because of the hardware sector leaded by IBM and Sun which want to reduce it to worthless commodity. It is no good for job market either. In the future software engineers will be jobless like the electronician engineers sometimes ago. Software will be delivered online through these two giants mainly at term. That's at least the declared purpose of SUN's CEO a few years ago which envisioned that SEMA group firm and software companies will be erased. I don't think they could erase that sector completely but for sure due to IBM's power the software industry will suffer deeply. A great sign: for the first time in his career Steve Jobs is selling his shares of Microsoft. Bill Gates has begun to do so long before him. So it is not good for Microsoft but it is not good for many others - I speak for long term (10 years perhaps), short term people won't just see nothing as usual.