Wall Street Beat: Enterprise Software Sales Look Strong

Friday Mar 26th 2010 by Datamation.com Staff

Early reports from Adobe, Red Hat, Oracle and Qualcomm lend credence to the idea that economic recovery is underway in the tech sector.

PCWorld: Only a few tech companies have released earnings figures for the most recent quarter, but the reports that have been released look good. After positive reports from Adobe, Red Hat, Oracle and Qualcomm, Industry watchers are hoping that a recovery is underway for the tech sector.

According to IDC analyst Mario Morales, the industry is "in a full recovery mode."

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