dcsimg
 
 
 
 
 

Purchasing Decisions and Their Consequences

 
 
 
 
 
 
 
 

IT spending forecasts may be more art than science, but corporate earnings reports don't lie. (Well, they're not supposed to lie, and of course they fudge. But you know what I mean.)

And the news from IT vendors is not good. SAP continues to decline to provide earnings guidance. "SAP Co-Chief Executive Officer Henning Kagermann said in a Bloomberg Television interview on Oct. 28 that he didn't anticipate that 2009 would be better than 2008. He said customers were 'rethinking' their spending plans."

Meanwhile: Microsoft scales back its expansion plans, and layoffs hit Logitech.

This kind of stuff probably tells you more about real IT spending than anyone's crystal ball.

 
 
 

0 Comments for "Purchasing Decisions and Their Consequences"

No one has commented yet. Be the first one to comment.

Leave a Comment