How the credit crunch is hitting the IT industry

Summary:The economic crisis is not leaving the tech industry unscathed, with the providers and users of business technology both finding themselves affected

The current financial crisis is not leaving the tech industry unscathed. Companies such as Apple and Google have taken major hits to their share prices, as the effects of the credit crunch ripple out from the financial sector.

As the industry waits to see how low the market will go — and which companies will use the situation to their advantage, or which will fall — ZDNet.co.uk will continue to keep you abreast of the latest developments and their possible effects on business technology.

Topics: Networking

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