Ingram Micro Q4 revenue beats view

Ingram Micro Inc's (IM.N) quarterly sales topped estimates helped by strong demand for technology products worldwide, and the technology distributor said it expects first-quarter sales to grow modestly.

Technology distributors, including Ingram Micro, Synnex Corp (SNX.N), Arrow Electronics (ARW.N), Avnet (AVT.N) and Tech Data (TECD.O), are benefiting from resurgent demand for IT products from small and medium businesses and consumers.

Ingram Micro, the world's top distributor of tech products from personal computers to microchips, is considered a barometer of corporate technology spending.

Read Full Article from Reuters

- Posted: 2011-02-10 23:00:34

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