A barometer of concern

The phrase barometer is one that is bound to be used in the context of Dell's results and the state of the PC market but there is also something else happening here with financial results again becoming an important indication of the health of the IT industry.

The phrase barometer is one that is bound to be used in the context of Dell's results and the state of the PC market but there is also something else happening here with financial results again becoming an important indication of the health of the IT industry.

When the world polunged into recession back in 2008 we all watched the quarterly results of the household names to see where the market was going looking for signs of hope and recovery. That stopped a bit last year when the phrase 'record quarter' became over used.

But you sense in recent weeks, with the uncertainty of the Eurozone and the fears that double dip might be something likely, that the financial results have become something we are all watching again.

It's not so much about the numbers that have come and gone but those comments that CEO and CFOs make about the future. The real barometer indicating that we are all uncertain again is just how much reaction there is to comments from Dell warning sales in its first fiscal quarter will be down, not just how PC sales have been going.

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