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A number of tech execs, including Microsoft's Steve Ballmer, Dell's Michael Dell, and Oracle's Safra Catz, remain optimistic about future technology spending.
Tech Industry Still Buoyant, Microsoft CEO Says
Microsoft Chief Executive Steve Ballmer said he still sees a "certain buoyancy" among technology and telecommunications customers worldwide, despite recent U.S. economic woes.
Dell To Grow Faster Than Industry: CEO
Dell, the world's second biggest computer maker, expects to grow faster than other companies in the business, Chief Executive Michael Dell said.
Oracle Expect Margins To Improve
Oracle posted stronger-than-expected quarterly profit as operating margins hit their highest level ever for the period. Oracle said its adjusted operating margin was 40 percent, up 3.5 percentage points from a year-ago. Co-President Safra Catz told analysts on a conference call that she expected margins to continue to improve.
Ericsson Chair Says Customers Still Investing
Telecom equipment maker Ericsson has seen no trend yet for its telecom operator customers to hold back purchases due to the global financial crisis, its chairman said.
Where Is IT Spending Headed?
What will happen to information technology budgets in the wake of the month's incredible financial news? That question is on many people's minds. To get a handle on where IT spending is headed, CIOZone editors collected predictions made within the past few weeks by the major IT market research companies. The findings may surprise you.
Take The CIOZone Survey: IT Budget Trends
We need your help. The events shaking Wall Street have a lot of people trying to figure out how the news will affect IT budgets. To find out what's really going on, the CIOZone is turning to its community of IT professionals. Please take a couple of minutes to complete the 7-question survey.
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