Everyone wants to talk about the growth in cloud computing. By the end of the decade, cloud computing will generate more than $200 billion in annual sales for vendors and solution providers. Pretty good, right?
HP reported a 10 percent decline in year-over-year revenues. Meanwhile, Lenovo is seeing sales increase as it expands into servers, storage and smartphones.
Steve Ballmer will retire from his post atop Microsoft in the next year, leaving a new CEO to guide its transformation into a devices and services company.