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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (4711)	1/2/2003 3:44:32 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Worldwide IT spending to grow 4% in '03, says report By Semiconductor Business News January 2, 2003 BOSTON--Following several quarters of negative or anemic growth, worldwide information technology (IT) spending is projected to increase by about 4% in 2003 over 2002, according to a report from the Aberdeen Group here today. The figure represents a modest jump over 2002. Last year, worldwide IT spending was up less than 1% over 2001, according to the Boston-based research and consulting firm. The firm also predicated that IT spending will come from enterprises--albeit a moderate increase. “Linux will continue to make inroads in the enterprise in 2003,” according to the report. “On top of a 50%-plus growth rate in enterprise servers in 2002, Aberdeen forecasts a 40% growth rate for Linux servers in 2003.”