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.
After a rollercoaster ride, tech stocks rebounded toward the end of the week following reports of a possible compromise on the political impasse over the U.S. budget.
The PC market remained weak in the third quarter, but the expiration of Microsoft's support for Windows XP in April next year may have prompted users to look at upgrades, which eased the slump.
Smartphone vendors have rekindled their infatuation with enterprises as the consumer segment fizzles; this week's exhibit is the launch of LG Electronics' Gate, which separates users' professional and private lives through virtualization.
Increasing sales of cheaper systems helped fuel growth in the high-performance computing (HPC) sector during the second quarter, while interest in high-end supercomputers cooled.
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