Ballmer Talks Down Hopes of I/T Recovery

Many articles hit the wires last night as Microsoft CEO Steve Ballmer made comments at a company meeting about conditions in the Information Technology industry. ”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,” Ballmer told executives, as reported by the Associated Press. “While we will see growth, we will not see recovery.”

Dell CEO Michael Dell has made similar comments about the enterprise I/T sector, however, other surveys including analysis firm Changewave suggest that the sector will make a slow but real recovery over the coming months.