Steve Milunovich Quotes
With that being said, we do not think this will cause a dramatic change in terms of the outlook for technology earnings for the next six months, and perhaps the next 12 months. The rate hikes from last year will probably affect technology spending over the next six months.
- Steve Milunovich
We're expecting a pretty tough first half of the year -- tech profits will be up about 10 percent this year compared to 30 percent last year... But by the second half of the year, the economy may brighten, earnings comparisons are easier and we could start to see an easier tech tape.
- Steve Milunovich
We view the rate cut positively for the technology sector for the short term... Looking back to 1998, when the Fed unexpectedly cut interest rates, the tech sector outperformed thereafter. We believe the rate cut may be the catalyst for better performance in technology stocks that many investors have been looking for.
- Steve Milunovich
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