I've been scratching my head lately as I've compared the government's statistics for third quarter GDP growth against the corporate earnings of the IT titans. The U.S. GDP is supposed to be up 3.5 percent for Q3, while Microsoft, Tech Data and Ingram Micro all reported double-digit declines in revenues over roughly the same period.
But finally, some positive news out of the tech sector. IDC says worldwide PC microprocessor shipments in Q3 "rose substantially and to all-time record levels for a single quarter." The bounce in shipments is 23 percent quarter over quarter. Revenues for the same period are up 14 percent.
The story is more subtle than a 1:1 relationship with the U.S. economy. The chip growth doesn't actually line up with the U.S. economy, which IDC notes is still hamstrung by housing foreclosures and rising job losses. Many of these chips are being manufactured in China for sale in netbooks there, and IDC warns that the Chinese market is opaque -- inventory can hide in lots of places. But let's keep our fingers crossed that this could be the start of something good.
Posted by Scott Bekker on 11/10/2009 at 1:23 PM
Microsoft gave notice to organizations using perpetual-license Office versions about a coming 2023 milestone that could result in iffy Microsoft 365 services connections in this Wednesday announcement.
Microsoft's ongoing layoffs are hitting its home turf, with new notices affecting 1,248 people in the Redmond, Bellevue and Issaquah, Wash. areas in May.
Microsoft on Tuesday announced a new predictive language chat tool for security experts called Microsoft Security Copilot.
Microsoft announced on Monday that it has rebuilt and improved the performance of its Microsoft Teams application, and released a preview of this "new" app for commercial Windows users.
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) this week announced the release of a publicly available and free post-incident hunting tool for organizations using Microsoft Azure, Azure Active Directory and Microsoft 365 applications.
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