Steve Ballmer has told Korean executives that while enterprise IT spending will see growth, a full blown recovery is not likely to happen.
According to the Washington Post, Ballmer stated that global business purchases of PCs and servers were down by around 15 per cent, and were unlikely to fully recover due to a general lack of investable capital.
“The economy went through a set of changes on a global basis over the course of the last year which are, I think is fair to say, once in a lifetime,” commented Ballmer. “While we will see growth, we will not see recovery.”
Advertisement
Related Stories
- Apple voted most memorable logo Feb 14th 2012 at 2:56PM
- Microsoft gets heavy on educational pricing Feb 13th 2012 at 5:54AM
- Windows 8 'consumer preview' at the end of February Feb 9th 2012 at 7:36AM
- Microsoft gets stingy with Technet Feb 6th 2012 at 7:11AM
- Microsoft UK pricing could rise Feb 3rd 2012 at 12:06PM
- Microsoft Windows Phone 8 details emerge Feb 3rd 2012 at 6:49AM
- Windows 8 wireless networking improvements Jan 23rd 2012 at 5:38AM
- Microsoft's Windows revenue down Jan 20th 2012 at 5:53AM
- HP says British small business is bouncing back Jan 20th 2012 at 2:12AM
- Microsoft promotes 'crapware'-free PCs as a selling point Jan 11th 2012 at 7:59AM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!