Microsoft Corp. (MSFT)´s revenue in Latin America is growing as fast as 36 percent as rising incomes and lower computer prices bolster demand, said Hernan Rincon, the company´s president for the region.
Microsoft’s sales surpassed the growth of the area’s information technology industry, which is expanding at 12 percent, he said.
“The cost of PCs and technology is declining and the incomes in Latin America are rising,” Rincon said in an interview at the World Economic Forum on Latin American in Rio de Janeiro. “The combination of the two makes information technology more accessible year after year.”
The region, which is the fastest growing market for Redmond, Washington-based Microsoft, also saw a decline in software piracy, Rincon said. About 62 percent of software in Latin America is illegally sold, down from 70 percent five years ago, he said.
Source: www.bloomberg.com
Microsoft’s sales surpassed the growth of the area’s information technology industry, which is expanding at 12 percent, he said.
“The cost of PCs and technology is declining and the incomes in Latin America are rising,” Rincon said in an interview at the World Economic Forum on Latin American in Rio de Janeiro. “The combination of the two makes information technology more accessible year after year.”
The region, which is the fastest growing market for Redmond, Washington-based Microsoft, also saw a decline in software piracy, Rincon said. About 62 percent of software in Latin America is illegally sold, down from 70 percent five years ago, he said.
Source: www.bloomberg.com
No comments:
Post a Comment