Tech Spending

Source: money.cnn.com --- 15 hours ago
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Source: www.news.com --- 9 days ago
Consumer surveys show slight increase in confidence about overall economy in the U.S. and that people plan on Spending more on technology in the coming 12 months. ...

Source: www.reuters.com --- 1 day ago
NEW YORK (Reuters) - Bearish comments from U.S. technology companies fueled fears that the weak economy would hurt holiday season sales of mobile phones and other consumer electronics, driving shares sharply lower on Wednesday. ...

Source: www.reuters.com --- 7 days ago
SAN FRANCISCO (Reuters) - Dell Inc posted a surprisingly steep drop in quarterly earnings and said companies around the world are cutting back on technology Spending, sending its shares tumbling and sparking fears of weakness in the whole Tech sector. ...

Source: www.reuters.com --- 6 days ago
NEW YORK (Reuters) - U.S. stocks tumbled on Friday, led lower by Tech shares after computer maker Dell warned that companies worldwide are cutting back on technology Spending. ...

Source: money.ninemsn.com.au --- 5 days ago
* Dell, Marvell outlooks pressure Tech sector * U.S. personal income, Spending data weigh on shares ...

Source: australianit.news.com.au --- 14 days ago
QANTAS' has started applying the brakes to its ICT Spending as the airline battles rising fuel costs and a decrease in leisure travel. ...

Source: blogs.wsj.com --- 17 days ago
Good news for the Tech sector: Worldwide information-technology Spending will top $3.4 trillion 2008, up 8% from last year. The bad news: Much of the growth comes courtesy of the weak dollar, not increased sales. Tech Spending growth is strong thanks to a weak dollar That’s the word from Tech-research company Gartner, which along with rivals Forrester [...] ...

Source: www.huffingtonpost.com --- 3 days ago
Slashing computer prices helped Dell Inc. boost sales in its fiscal second quarter, but the No. 2 PC maker's bottom line took a hit when efforts to cut costs failed to make up the difference. Investors punished the stock Thursday on word that Dell missed Wall Street's expectations for earnings and gross margin, calling into question the Round Rock, Texas-based company's turnaround efforts. Dell's quarterly sales rose 11 percent to $16.4 billion, beating Wall Street's view, and Dell said operating expenses fell to their lowest point in six quarters. But for the three months ended Aug. 1, Dell's profit plunged 17 percent to $616 million, or 31 cents per share. Excluding amortization and business realignment charges, Dell said it would have earned 33 cents per share, still short of analysts forecast of 36 cents per share, according to a Thomson Reuters survey. In a conference call, Michael Dell, who returned as chief executive in 2007, acknowledged that Dell may have been overzealous in cutting prices to challenge its larger competitor, Hewlett-Packard Co., in Europe, the Middle East and Africa. "If I look at the situation in the second quarter, we would have to say it was more self-inflicted," Dell said. "Whenever you're restarting growth, what I can tell you is, it's an imprecise process. (There were) some parts of the business where we were probably too aggressive." The company also deferred some services-related profit from that r ...

Source: www.daniweb.com --- 23 days ago
Markets are down about 50 points in mid-afternoon trading on Tuesday, mostly due to investor worries about continued woes in the financial services sector. In short, nobody is buying the notion put forward by Wall Street optimists that the credit crunch – now one-year-old – is coming to an end. It's a slow process. Like a virus that works its way through your system, the credit crisis has already ravaged sub-rime mortgage loans, Alt-A loans (where mortgage holders don’t have to pay the principle borrowed every month) and are now focusing on prime loans, especially in hard hit home... ...

Source: www.techweb.com --- 29 days ago
The acquisition of a majority share of Fiserv's insurance business demonstrates continued confidence in the insurance technology vendor market. ...

Source: www.moreover.com --- 6 days ago
Business Times Singapore Aug 29 2008 11:18PM GMT ...

Source: www.earthtimes.org --- 6 days ago
NEW YORK (Reuters) - U.S. stocks tumbled on Friday, led lower by Tech shares after computer maker Dell warned that companies worldwide are cutting back on technology Spending. ...

Source: www.earthtimes.org --- 6 days ago
NEW YORK (Reuters) - Stocks tumbled on Friday after a warning by computer maker Dell that companies worldwide are cutting back on technology Spending spooked the Tech sector. ...

Source: alwayson.goingon.com --- 16 days ago
Good news for the Tech sector: Worldwide information-technology Spending will top $3.4 trillion 2008, up 8% from last year. The bad news: Much of the growth comes courtesy of the weak dollar, not increased sales.That’s the word from Tech-research company Gartner, which along with rivals Forrester and IDC has been chronicling the travails of the IT industry through a series of forecasts that show ever-shrinking growth rates. [...] ...

Source: www.channelinsider.com --- 14 days ago
The IT Distributor reported higher year-over-year sales for Q2, in spite of the flat IT Spending. Hot technologies included blade servers, virtualization, storage and security software. - IT distributor Tech Data missed Wall Street's profit expectations, but said its second quarter was a good one relatively speaking, as IT Spending remained flat. Tech Data reported earnings of $23.7 million or 45 cents a share on net sales of $6.17 billion. Earnings for the same period a year ago ... ...