Recent Articles
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As Stock Market Plummets, Tech Gets Pounded
Monday, Sept. 29, 2008, will go down in the record books as one of the worst trading days in the history of the U.S. stock market. After the House of Representative failed to pass the massive $700 billion financial system bailout package, investors pulled their money out of the market by the billions of dollars.…
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Inside the Mind of the Midmarket IT Executive
CHANNEL INSIDER: Inside the Mind of the Midmarket IT Executive Inside the Mind of the Midmarket IT Executive IT vendors have long recognized the potential value of midmarket customers. Most agree that the best way to reach these customers is through channel partners, VARs, resellers, IT consultants and solution providers. But in order to win…
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Distributions Earnings Remain Strong Despite Economic Challenges
Synnex, the third-largest technology distributor, beat its third-quarter revenue and profit forecast by posting a 16.2 percent increase for revenue over the same period last year. It’s the 85th consecutive quarter of profitability, according to the company. The Fremont, Calif.-based company had forecasted slightly lower revenue for the period of June to August of $1.92…
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No Credit Crunch in the Channel
On the morning of Sept. 26, Americans woke to the news that Washington Mutual, the nation’s largest savings and loan, had failed under the weight of $31 billion in bad debt. It was the latest, as of this writing, of a string of disasters plaguing Wall Street and threatening the entire global financial system. The…
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Software Financing on the Rise
Companies finance durable goods. In technology and the channel, that often means heavy iron – large storage arrays, mainframes, clusters of servers and bulk-ordered notebooks. But you’d finance nondurable goods, such as software? Big software vendors, such as IBM and Microsoft, are expanding their financing programs to include software and associated services to help solution…