Mixed Bag For Arrow’s Enterprise Biz In March Quarter
May 12, 2014 Timothy Prickett Morgan
Master reseller Arrow Electronics, like its peer Avnet, is a bellwether for the IT market. And like Avnet, Arrow saw a bit of a slowdown in the first quarter in its Enterprise Computing Solutions business unit. In the quarter, Enterprise Computing Solutions had sales of $1.66 billion, up a quarter of a point compared to the year-ago period, but taking out the effect of acquisitions (including Computalinks), organic sales actually fell by 11 percent. “We experienced a pause in our hardware business, but our software and security businesses were on plan and delivered growth,” explained Michael Long, who |