The torrent of quarterly earnings reports continued to pour in this week, with results that for the most part are well above a year ago.
Strong quarterly results plus optimistic market-research reports are leading to a growing sense of confidence in the tech sector.
An uptick in sales for bellwether vendors and rosy forecasts for the rest of 2010 have continued to fuel the recovery in technology stocks.
Financial reports and earnings forecasts this week indicate that sales across a range of technology products are recovering from the Great Recession.
Growing confidence has pushed the value of IT company shares up to levels not seen in a year-and-a-half.
The tech sector passed two poignant market anniversaries this week on its way to what investors and vendors hope will be a sustainable recovery.
Upbeat reports about chips, PCs and mobile devices helped strengthen confidence in the sector this week.
Vendor earnings and tech industry forecasts were mixed this week, shaking IT investor confidence.
Doubts about economic recovery have sent markets on a rollercoaster ride, but the IT sector is becoming increasingly dynamic.
Though some tech bellwethers have reported relatively strong sales, concerns about the pace of economic recovery have shaken confidence.
Tumult in the markets shows that IT investors still have big concerns about lingering weak spots in sales and the continued stability of the macro economy.
A tsunami of fourth-quarter earnings reports this week is reinforcing widespread belief that the IT sector is set for a rebound this year.
Intel earnings highlighted an upbeat week for the tech sector, as fresh market-research reports on PC sales and overall IT spending fueled confidence.
The new year is starting off on an optimistic note for tech vendors, which have gained back most of the share value they lost during the Great Recession.
While the computer industry in the 1990s thrived as corporations re-engineered business processes to incorporate IT, this decade has seen technology truly become...