Arrow Boosts ECS Sales Despite System Slowdown In Q3
November 5, 2012 Timothy Prickett Morgan
Despite an expected and somewhat abrupt drop off in server sales in the third quarter that most IT suppliers experienced, master reseller Arrow Electronics was nonetheless able to boost its sales of software and storage to compensate and post growth in its Enterprise Computing Solutions (ECS) group in the third quarter. However, overall revenues took a hit and profits took an even bigger dive in the quarter thanks to falling margins in ECS and components and falling revenues in components. In the quarter ended in September, Arrow had $4.96 billion in revenues, down 4.3 percent. Net income at the company |