Gartner now expects 2012 global IT spending of $3.6T (hurt by forex), down a bit from a prior...

Gartner now expects 2012 global IT spending of $3.6T (hurt by forex), down a bit from a prior forecast of $3.75T. Spending is expected to grow a muted 3.8% next year to $3.7T. Microsoft and IBM's Q3 reports and commentary (I, II) have already raised fears of a soft IT spending environment. Also: Gartner expects half of all non-PC devices sold in 2016, and half of all business IT devices sold at the end of the decade, will be bought by employees - that's a long-term trend that could benefit Apple and hurt Microsoft.

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Comments (5)
    , contributor
    Comments (6953) | Send Message
    3 years from now you will be shaking your head and saying I could of bought Microsoft at $28.00 and collecting a growing dividend of 3 percent.


    But you will get another chance to buy it again at $28.00 in 3 years after the stock splits 3 for 1.
    23 Oct 2012, 02:31 AM Reply Like
  • mitrado
    , contributor
    Comments (2033) | Send Message
    Or you could be banging your head and asking: "Why the heck didn't I wait for $23...?"
    23 Oct 2012, 03:16 AM Reply Like
    , contributor
    Comments (6953) | Send Message
    That's when you should of added more.
    23 Oct 2012, 07:41 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (11387) | Send Message
    Microsoft: The Digital Equipment of the early 21st century.
    23 Oct 2012, 04:26 AM Reply Like
  • Momintn
    , contributor
    Comments (6116) | Send Message
    While you argue about PCs and handheld devices, you could buy IBM close to $190 and own most of the future of IT spending in cloud, analytics, smarter planet, virtualization of networks and applications, security, and growth in emerging markets.
    24 Oct 2012, 12:52 PM Reply Like
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