Economic reality check for tech giants

The current doom and gloom in the global economy is making life tough for everybody, including some of the biggest names in the tech industry. Microsoft, IBM and Intel are all set to post depressing numbers next week with Apple the one notable exception.

Hopes are evaporating that top technology companies will offer a safe harbour this year from the economic storms swirling across Europe, Asia and the United States.

Investors should brace for some of the biggest names in software and hardware -- from Microsoft Corp and IBM to Intel Corp -- to disappoint when Big Tech begins reporting numbers next week, analysts said.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles