The Tech Sector Trumpets Signs of a Real Rebound
October 16, 2009
October 16th
http://www.nytimes.com/2009/10/16/technology/16compute.html
So far, there are many encouraging signs. The technology giants Intel, I.B.M. and Google delivered better-than-expected quarterly financial results this week, and their executives expressed confidence that the worst was over and a rebound under way. Top executives at Dell, Cisco Systems and other tech companies have also been optimistic recently.
Much depends on how the nascent revival in the technology sector plays out. Computer hardware and software are building blocks of the modern economy, as basic as iron ore and coal were to the industrial era. Together, technology products represent about half of all business spending on equipment.
- Categories: Articles, Technology Industry
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