In the following video, Motley Fool senior technology analyst Eric Bleeker tells tech investors why this sector has had such a miserable performance so far in 2013. He breaks down the narratives for some of the best players in tech so far, such as LinkedIn (LNKD +0.00%) and Arm Holdings (ARMH +0.00%), as well as the worst-performing tech companies of the year, such as Apple (AAPL +0.40%) and Baidu (BIDU +3.10%). Finally, Eric tells us what's behind the over-arching trend of investor fears about mobile instability over the coming few years, and why it is driving down the stocks of some otherwise very impressive companies.
Tech Comes Crashing Down
By Eric Bleeker – Mar 1, 2013 at 5:29PM
NASDAQ: BIDU
Baidu
Market Cap
$33B
Today's Change
(3.10%) $3.76
Current Price
$124.99
Price as of November 4, 2025 at 4:00 PM ET
The tech sector has been the worst-performing sector in the S&P 500 this year. What is dragging these stocks under?
About the Author
Eric Bleeker, CFA joined The Motley Fool at the height of the financial crisis in 2008. For the next four years he led the Fool's Tech & Telecom sector, both writing articles and providing feedback and ideas to writers. Today, Eric is the General Manager of Fool.com, but still enjoys writing a tech article or two from time to time. Follow @bleekertech