Industry Economic And Ratings Outlook: Slow Global IT Spending Growth Is Likely To Continue Into 2012 - S&P Credit Research

Industry Economic And Ratings Outlook: Slow Global IT Spending Growth Is Likely To Continue Into 2012

5210 words — Published Jan 17, 2012
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Abstract:

Standard&Poor's Ratings Services expects that the current positive rating change bias in the global technology sector will continue to moderate, reflecting the ongoing slowdown in IT spending which began in the second half of last year, a weak global economy and ongoing M&A activity. Our expectation for global 2012 IT spending is for low- to mid-single-digit growth overall, with semiconductor firms likely to record the weakest full-year revenue performance, at flat to low-single-digit growth. (Listen to the related podcast titled, "Global IT: Why Slow Spending Growth Will Likely Continue In 2012," dated Jan. 27, 2012.) Standard&Poor's base-case 2012 outlook for the U.S. technology sector remains neutral to slightly negative, based on the following fundamentals: Our current

  
Brief Excerpt:

RESEARCH Ratings Definitions PDF Industry Economic And Ratings Outlook: Slow Global IT Spending Growth Is Likely To Continue Into 2012 Publication date: 17-Jan-2012 Primary Credit Analyst: William Wetreich, New York (1) 212-438-7869;...

  
Report Type:

Commentary

Sector
Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Credit Research. "Industry Economic And Ratings Outlook: Slow Global IT Spending Growth Is Likely To Continue Into 2012" Jan 17, 2012. Alacra Store. Apr 25, 2014. <http://www.alacrastore.com/s-and-p-credit-research/Industry-Economic-And-Ratings-Outlook-Slow-Global-IT-Spending-Growth-Is-Likely-To-Continue-Into-2012-933887>
  
APA:
S&P Credit Research. (). Industry Economic And Ratings Outlook: Slow Global IT Spending Growth Is Likely To Continue Into 2012 Jan 17, 2012. New York, NY: Alacra Store. Retrieved Apr 25, 2014 from <http://www.alacrastore.com/s-and-p-credit-research/Industry-Economic-And-Ratings-Outlook-Slow-Global-IT-Spending-Growth-Is-Likely-To-Continue-Into-2012-933887>
  
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