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Ballmer: IT Spending May Not Recover

Nov 02, 2009

Nov 02, 2009 (MarketNewsVideo.com via COMTEX News Network) -- Microsoft CEO Steve Ballmer told a meeting of executives in Seoul, South Korean that he does not expect corporate information technology spending levels to recover to pre-recession levels.

Ballmer reportedly said IT spending will see growth, but not recovery to the pre-slowdown days, when IT accounted for half of capital expenditures by businesses.

Ballmer was in South Korea to promote the new Windows 7 operating system.

The preceeding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=200911Microsoft110209&mv=1.


http://www.marketnewsvideo.com/

Copyright 2009 MarketNewsVideo.com

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