6 posts and columns on technology spending

IBM's Net Rises 13 Percent

in News on April 19, 2010 at 4:05 pm PT

International Business Machines Corp. showed further evidence of a recovery in technology spending, posting a 13 percent rise in profit for the first quarter driven by growth in the company’s software business and emerging markets. The wide-ranging conglomerate said it is seeing broad improvement in its business lines and raised its outlook for the full year.

Econalypse Fin

in News on January 13, 2010 at 5:45 am PT

“The technology downturn of 2008 and 2009 is unofficially over.” This, according to Forrester, which claims technology spending will roar back to life in 2010.
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Infosys to Nearly Double Work Force in U.S. Market

in News on December 3, 2009 at 1:00 am PT

Infosys Technologies Ltd. plans to nearly double its work force in the U.S. and remains on the lookout for acquisition targets in Germany, France and Japan, its chief executive said. India’s second-largest software exporter by revenue after Tata Consultancy Services Ltd. is planning to hire 1,000 employees in the U.S., Chief Executive S. Gopalakrishnan said in an interview.

Intel CFO Sees Signs of Business Spending

in News on October 29, 2009 at 3:46 pm PT

Intel Corp. Chief Financial Officer Stacy Smith said evidence is beginning to emerge that corporations are returning to technology spending, although such spending is driven more by the savings offered than by any spending increases. “Our sales guys are picking up more interest at corporations,” Mr. Smith said in an interview Thursday.

How Bad Is Semi Equipment Demand? Ask FSI International.

in News on April 1, 2009 at 4:12 am PT

FSI International is now a company that almost no one follows. But the latest results from the tiny Minneapolis-based semiconductor equipment firm offer a sobering snapshot of conditions in the industry.

Apple: Kaufman Bros. Starts Coverage With Buy Rating

in News on November 25, 2008 at 10:03 am PT

Kaufman Bros. analyst Shaw Wu believes that Apple’s market share is still small enough relative to the overall PC and cellphone markets that there’s room for significant growth in both the Mac and iPhone businesses. He expects the company to earn $5.05 a share in FY 2009 on revenues of $35.5 billion.