I was going through the Q4 result of different firms to identify how US slowdown impacting their bottom-line. What I got, is a confused scenario across different industry segment. Let’s have a look

• Google posted a 30% jump in revenues.
• Technology services companies in India are able to beat analyst expectation.
• IBM has posted an impressive result few days back.
• On the other hand chip maker AMD posted a six straight quarterly loss due to increase price-war with arch rival Intel.
• Banking firms are bleeding excessively. .Merrill Lynch posted big loss, cutting 2,900 jobs

I believe analysts and market researchers hyped the recession phenomenon in Technology sectors. Market analysts maintained a negative expectation for technology firms for Q4 citing US recession. But whether we are in recession or not Tech firms were able to sail through, at least for this Quarter

You may be interested in this Washington post article.

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