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Symantec sees sales slide on weak business demand

SME revenues down 14 per cent – consumer and back up sales also down by one and four per cent.

A fall in small business sales has seen Symantec's sales for the fourth quarter take a hit of four per cent, with its revenues falling to $1.49bn (£1bn).

Sales of security software in its small business division fell by 14 per cent during the quarter, which ended April 3rd, with the firm's chief financial officer, James Beer (pictured) telling Reuters that the group's sales were hit by the decline in demand from SMBs.

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