Confidence in the underlying strength of the tech sector as a whole appears to be solid despite some dispiriting news on the hardware front.
The rate of increase in tablet shipments is expected to slow this year after unabated growth during the product category's first three years of existence.
The demand for customized servers is growing as buying trends change, with more companies designing servers in-house instead of buying from well-established vendors such as Hewlett-Packard or Dell.
Even as server shipments went up, revenue in the market declined in last year's fourth quarter, as demand for higher-end systems remained weak, according to research firm IDC.
Despite some shadows cast by Lenovo and Cisco earnings, IT stocks have had a strong week overall, with Nasdaq tech stocks reaching their highest point since the third quarter of 2000, during the dot-com bust.
The world's love affair with the smartphone continued unabated in 2013 with consumers snapping up more than 1 billion handsets during the year, according to an IDC estimate.
Worldwide IT spending will grow by 4.6 percent this year, as enterprises look to upgrade storage, servers and networking equipment, according to market research company IDC.
If you had any doubts about the popularity of smartphones, new numbers suggest they've notched a significant milestone. The global smartphone market topped 1 billion shipments for the first time in 2013, covering about one-seventh of the world's popu...
After a year in which tech stocks boomed but overall IT spending barely eked out single-digit growth, market forecasters are adopting an air of cautious optimism for 2014.
An increasing amount of programming is being conducted by non-professional programmers, a new IDC study has found.
The Nasdaq computer index Friday hit its highest point since November 2000, in the wake of the dot-com bust, despite mixed reports this week from the hardware and components sector.
Storage vendors struggled with a decline in spending by the U.S. government and increased investment in public cloud capacity during the third quarter, according to IDC.
More powerful processors will allow smartphone vendors to turn their high-end models into gaming consoles, but slower growth will also force them to focus more on improving their less expensive products next year.
Though the shutdown and spending cuts by the U.S. government are taking a toll on IT sales this year, market surveys and financial results from the likes of Apple and Facebook this week show some positive signs for tech.
The global enterprise software market expanded by 5.5 percent year over year during the first half of 2013 to US$179 billion, a result that suggests a tentative rebound from economic turmoil in Europe, according to analyst firm IDC.
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