Tech Biz is reviving

Image via CrunchBase

There is plenty of other evidence that the darkness that has hung over the information-technology industry for many months is lifting. Three of the sector’s heavyweights—IBM, Intel and Google—recently reported surprisingly robust profits. Even Yahoo!, a struggling internet portal, did less badly than expected. On October 19th Apple stunned even the most bullish investors by posting its best quarterly results ever: revenues came in at $9.9 billion, 24% higher than the same period a year earlier. Venture-capital investments in America are growing again. And Windows 7, the new operating system Microsoft launched on October 22nd, is expected to pep up demand for personal computers and related gear. The OECD believes a recovery has been under way for some time, particularly in Asia.

Related articles by Zemanta

• Tech quarterly profits (ecombizcenter.blogspot.com)