PC shipments showing signs of recovery, Gartner says
The PC market is showing signs of recovery, with the freefall of PC shipments skidding to a halt thanks to competitive PC prices and a continued interest in netbooks, Gartner said on Thursday
The PC market is showing signs of recovery, with the freefall of PC shipments skidding to a halt thanks to competitive PC prices and a continued interest in netbooks, Gartner said on Thursday
The current recession is almost the opposite of the 2001 downturn for Cisco Systems because of permanent cost-cutting and the company's move into new technologies and markets, Chairman and CEO John Chambers said Monday.
In another bad sign of health for the IT industry, Gartner is canceling two of its biggest technology conferences due to the economic downturn.
Sony is set to report an operating loss for the current fiscal year, only the second since it listed on the Tokyo stock market in 1958, according to a report in the Tuesday morning edition of The Nikkei business daily.
A top SAP executive on Wednesday said the company is "implementing a series of tough, tough actions to convert the company to a much leaner operation than it is today," but did not utter the word "layoff."