Big Tech Firms Sales Up 16% in Q4
IBM and Microsoft benefit from software sales, while acquisitions help EMC and Citrix. (Baselinemag.com)Most enterprise technology companies had strong growth in the fourth quarter, with IBM and Microsoft benefiting from strong sales of software, and EMC and Citrix from acquisitions. The average sales growth among technology companies was 16 percent, according to an analysis by Baseline. The magazine looked at 17 companies with market capitalizations in excess of $1 billion. All have reported their earnings in the last two weeks (see tables below).
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