Global IT spending expected to fall 3 percent in '09
IT spending worldwide is expected to slip 3 percent this year, with computer makers taking the brunt of the decline, according to a Forrester Research report released Tuesday.
Global IT spending is predicted to drop to $1.66 trillion this year, marking the first time in seven years the industry has not grown, according to the report, which used U.S. dollars as its form of measurement.
"Our forecast for 2009 rests on the assumptions that the economic recession in the U.S. and other major economies will start to end in the second half of 2009," Andrew … Read more