Microsoft (MSFT), RIM (RIMM), And Apple (AAPL) To Benefit From Increased Corporate Spending

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By Douglas A. McIntyre Updated Published
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Corporate IT spending will pick up in the first quarter of 2010. That is the finding of a new research survey from ChangeWave. A total of 1,753 respondents involved with corporate IT spending in their organizations participated in the November 9-20 survey. Twenty-two percent of respondents report their company’s corporate IT spending will increase for first quarter of 2010, which is a 4% improvement since a previous survey in August.

Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), and RIM (NASDAQ:RIMM) will be among the biggest beneficiaries of the improvement in IT investment.

ChangeWave reports that for the second consecutive survey Microsoft shows the most momentum going forward — once again clearly attributable to the Windows 7 effect-with a 12% improvement in planned purchases over the August measurement.

Purchases of smartphones will also increase. RIM’s Blackberry will be the N0.1 choice of most companies but the Apple iPhone is making significant progress. While Research In Motion maintains a dominant share of planned corporate buying going forward with 69% of the market, increased competition is continuing to chip away at its huge lead with its share of planned purchases down 5% from August. Apple continues to show growth in terms of corporate planned purchases with 30% of respondents saying their company will buy Apple phones in first quarter of 2010.

ChangeWave reports that the biggest surprise of the survey is the strong showing for Motorola (NYSE:MOT), which registered a huge 7% jump in terms of first quarter planned buying from 4% to 11%.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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