Abandon all hope ye who read these IT forecasts
All Things Digital
Market research firm IDC just updated its forecast for worldwide IT spending in 2009 and, suffice to say, it's not pretty. The continued downward spiral of the economy has so hampered growth that IDC now sees worldwide IT spending growing by just 0.5 percent year over year, down from a November 2008 forecast of 2.6 percent growth.
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