World Street Fundamentals released today its industry report which highlights Microsoft Corporation and Apple Inc.

The report states that Systems Software spending will start to increase due to the growing interest in cloud computing. Thus far the Systems Software index has declined 2.6% year-to-date, while the S&P increased by 6.3%. Analysts expect revenues to increase in line with industry’s overall IT spend. This strong growth will be generated from companies needing to upgrade their data center infrastructure.

Microsoft was highlighted in the report due to its engagement in developing, manufacturing, licensing and supporting a range of software products and services for different types of computing devices.

Apple Inc. was also featured in the report because it designs, manufactures and markets a range of personal computers, mobile communication and media devices, and portable digital music players, and sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications.

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World Street Fundamentals is an online portal for professionals, investors and new-comers to the markets to find in depth comprehensive research and research tools to help guide you through the ever changing financial markets. Covering the top performers in the hottest sectors and providing clarity to investors around the world.