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IT firms set to beat earnings forecasts for December qtr

The large-cap IT firms were earlier expected to report a weak December quarter amid concerns around inflation in the key western markets of the US and Europe.

Transcripts for BBCNEWS Talking Business 20240604 02:52:00

you mentioned red tape and barriers, because i wanted to ask you, what do you think have been the most profound and perhaps possibly the most unexpected consequences? to he honest, i don t think there was a lot of unexpected consequences. i think the consequences that have happened have been, i m afraid, what people who warned against it forecast. you know, i mean, ithink brexiteers, for instance, are now realising that they re having to queue in long queues going into europe. and that s frustrating for them. but they did vote for that. you know, people who want to go and buy a house or live in greece or spain or portugal are now running into problems with that. people who find it frustrating the nhs with numbers of staff that most likely is a direct consequence of brexit. so, you know, but if you ask somebody what they see that they ve gained from

Transcripts for BBCNEWS The Papers 20240604 22:44:00

gas bill, during the cold snap, was so big that my credit now is considerably smaller than it was just five weeks ago. so, i can see what the thinking behind this is. you have a little bit there for the worst time during the winter. but when you get to hundreds and thousands of pounds, which they ve only got a dozen people reported in this telegraph article, but it does become a problem and people need that money. 0n the other hand, you don t want to get to the point where you do get a huge great bill and you haven t got the money to pay for it and you haven t got anything put away for that rainy day or that chilly day. away for that rainy day or that chilly day- away for that rainy day or that chill da . . , ., , ., chilly day. and things are yet to net chilly day. and things are yet to get colder- chilly day. and things are yet to get colder. we re chilly day. and things are yet to get colder. we re only - chilly day. and things are yet to get colder. we re only in - chilly day.

Transcripts for BBCNEWS Talking Business 20240604 15:51:00

and it s also, i suspect, suffering something like a 2% drop in gdp at a time where it just can t afford it. so i don t think even people who voted for brexit can really see anything that they ve gained from voting for brexit. there s been no no obvious gains. there s been a lot of pain. just on that point, i mean, you mentioned red tape and barriers, because i wanted to ask you, what do you think have been the most profound and perhaps possibly the most unexpected consequences? to he honest, i don t think there was a lot of unexpected consequences. i think the consequences that have happened have been, i m afraid, what people who warned against it forecast. you know, i mean, ithink brexiteers, for instance, are now realising that they re having to queue in long queues going into europe. and that s frustrating for them. but they did vote for that.

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