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MOST READ Reduce the Complexity and Cost of Windows Server Consolidation in Six Modules Learn how to Create a More Efficient Virtualized Data Center Discover how to Create an Orchestrated Data Center through Virtualization HP Live Webcast: Create a more efficient NOC Reduce Complexity and Cost - Windows Server Consolidation with Virtualization from Novell JUST POSTED Live Cisco Video Webcast: Taking Mobility to the Next Level The Geek Speaks: Mastering Network Monitoring in the SMB Webcast: A Technical Analysis of NetFlow, J-Flow, S-Flow and IPFix The Geek Speaks: Top 5 Cost-Saving Practices for Managing Networks Webcast Geek Speak: Best Practices for Managing Network Applications IT Buyer's Guides View All Buyer's Guides Free Newsletters Sign up and receive the latest news, reviews and trends on your favorite technology topics Click Here Save The Date! Click Here What They Are Saying how does that make sense? Will there be any jobs left in this country. AT&T has farmed out work to other... - Anonymous Join the Discussion Partner Content Explore the Ultrium Edge The powerful tape technology can address data security with tape encryption as well as long term data protection. Find out more Disk and Tape Square Off Discover what disk and tape really cost -- and which solution provides lower total cost of ownership and optimizes energy use for your organization Download the White Paper Don't Fall For The Myths The Clipper Group explores the truth behind the myths of tape, digging into the misconceptions in the disk vs. tape debate. Download the White Paper Will You Add Tape Too? Over two thirds of disk-only users look to add tape back into storage infrastructure according to recent survey. Download Survey Information No slowdown for U.S. tech industry AT&T, Apple, Microsoft and others report strong demand, remain optimistic By Carolyn Duffy Marsan , Network World , 04/25/2008 Click Here Share/Email Comment Print Social Web Email Feedback Close Digg Technorati del.icio.us MIXX Slashdot Reddit Newsvine Facebook Stumble Fark Your Name: Your Email Address: Recipient(s) Email Address: (Comma separation for multiple addresses) Your Message: Your Name: Your Email Address: Your Message: Can the U.S. tech industry continue to defy the overall economic downturn? That’s the multibillion-dollar question that analysts, academics and other IT industry watchers are asking -- and answering in a generally optimistic manner -- as strong financial results pile up from bellwether companies and other key indicators such as IT employment and capital investments in Internet start-ups remain solid. Read the latest WhitePaper - Storage virtualization and the HP StorageWorks 4400 Enterprise Virtual Array In the past two weeks, eight of the top 20 IT vendors have reported better-than-expected earnings. These include Intel , IBM , Google , AT T , Apple , EMC , EDS and Microsoft , which all beat Wall Street estimates of how they would fare in terms of revenue and profits during the first quarter. So far, only Motorola has missed out on the U.S. tech industry boom, posting a 21% decline in first-quarter revenue as the company plans to split into two publicly traded firms. Motorola posted declining sales for 2007, too. Want to compare storage products? Visit the IT Buyer's Guides now. Leading IT companies say the weak economy hasn’t dragged down their global sales of everything from chips, software and storage devices to cell phones and online ads. Indeed, the CEOs of all of these tech companies said they remain optimistic about the rest of 2008. Click to see: How technology companies are faring during an economic downturn How the heavyweights are faring Company FY07 Rev FY06 Rev % Change Q108 Results AT T $118.9B $63B ↑ 88.6% (Including Bell South, Cingular acquisitions) $30.7B ↑ 6.1% from Q107 Announced April 22, 2008 HP $104.3B $91.7B ↑ 13.8% $28.5B ↑ 13% from Q107 Announced Feb. 19, 2008 (Q208 results due in May) IBM $98.8B $91.4B ↑ 8% $24.5B ↑ 11% from Q107 Announced April 16, 2008 Verizon $93.5B $88.2B ↑ 6.1% $23.8B ↑ 5.5% from Q107 Announced April 28, 2008 Dell $61.1B $57.4B ↑ 6.4% Due in May Microsoft $51.1B $44.3B ↑ 15.4% $14.45B ↑ 13.6% from Q307 Announced April 24, 2008 Time Warner $46.5B $43.7B ↑ 6.4% Due April 30 Sprint Nextel $40.1B $41.0B ↓ 2% Due May 12 Intel $38.3B $35.4B ↑ 8.3% $9.7B ↑ 9% from Q107 Announced April 15, 2008 Motorola $36.6B $42.8B ↓ 14.5% $7.45B ↓ 21% from Q107 Announced April 24, 2008 Cisco $34.9B $28.5B ↑ 22.5% Q308 due May 6 (Q108 and Q208 total revenue ↑ 16.6% to $19.4B) Comcast $30.9B $24.97B ↑ 23.7% $8.39B, ↑ 13.5% from Q107 Announced May 1, 2008 Apple $24B $19.3B ↑ 24.3% Q208 revenue ↑ 42.8% to $7.51B Announced April 23, 2008 EDS $22.1B $21.3B ↑ 4% $5.37B ↑ 2.87% from Q107 Announced April 24, 2008 Oracle $18B $14.4B ↑ 25% Q408 due in June (Q108, Q208 and Q308 total revenue $15.2B, ↑ 24.8%) Google $16.59B $10.6B ↑ 56.5% $5.19B ↑ 42% from Q107 Announced April 17, 2008 CSC $14.9B $14.6B ↑ 2.1% Q408 due date N/A (Q108, Q208 and Q308 total revenue $12B) Sun $13.9B $13.1B ↑ 6.2% Q308 revenue $3.27B, ↓ 0.5% from Q307 Announced May 1, 2008 Qwest $13.8B $13.9B ↓ 1% Due May 6 EMC $13.2B $11.2B ↑ 18.5% $3.47B ↑ 17% from Q107 Announced April 23, 2008 The IT industry has received other good news in recent weeks. Global PC shipments continued to rise during the first quarter. Venture capital investments in Internet-related start-ups were at the same level as they were a year ago. And other measures such as IT labor statistics, CIO spending and even IT trade-show attendance appear to be holding steady for the first quarter. ``Tech seems to be holding up, but it’s really hard to generalize with so many of these companies because you’re talking about company-specific issues,’’ says Rick Hanna, an equity analyst with Morningstar who covers hardware vendors, including IBM, Apple, Dell and HP . ``The longer a recession might continue, the more pressure it will put on tech. Right now, it’s very solid." Of course, all bets are off, experts say, if the economy sinks into a full-fledged recession, the housing crisis broadens or another natural disaster wreaks havoc. It’s also possible that companies due to announce their latest financial results next week -- including Verizon , Comcast and Sun -- could put an end to the IT industry’s winning streak. ``The IT industry is seeing surprisingly good results, and people are looking around and trying to explain it in terms of international markets and currency fluctuations,’’ says J.P. Allen...

J.P. Allen is cited in this CIO.com article

The rest of the economy may be going to hell, but American tech companies are still going strong. Last week’s article in Network World featured some of my thoughts on why tech is holding up, and whether we’re headed for a repeat of the early 2000’s recesssion that started the dot.com crash. Why might this [...]

Does our Information Technology match our values? That’s not a question you typically hear companies asking. They usually ask: does the technology match my business and technical requirements? Requirements are the right way to think about technology needs, the argument goes, because requirements are objective, consistent, and can be ‘frozen’ to prevent changes. [...]

J.P. Allen co-authored this paper and will present it at the Americas Conference on Information Systems