Tech Distributors Look Forward to Late 2009 Bounce
SAN FRANCISCO (Reuters) – Electronics distributors from Ingram Micro to Avnet could report disappointing quarterly results as pricing pressure intensified, but analysts were cautiously hopeful that profits would rebound by year’s end as corporate spending returns.
Avnet, Arrow Electronics Inc and Ingram Micro — which help the likes of IBM and Hewlett-Packard sell products worldwide — have struggled with economic uncertainty in Europe, price pressures in North America and a mixed picture in Asia. (…)







