HP re-takes #1 marketshare in global PC market: IDC report

Based on new third-party marketshare data released recently, HP re-claimed

the #1 position in global PC markets during the fourth calendar quarter of 2002,

marking the second consecutive quarter the company has recorded positive growth

and grown faster than the overall PC industry.

The report reflects HP’s momentum in a fourth quarter that began only five

months after completing its merger with Compaq, providing another market

indicator that HP continues to successfully execute its post-merger plan.

Preliminary results released recently by IDC show that HP has moved back into

the # 1 spot over Dell in worldwide marketshare. The reports also show that HP

sustained positive quarter-on-quarter growth across all regions and in all major

categories. According to IDC data, HP grew at 20.8 percent worldwide in total PC

shipments quarter over quarter and 17.9 percent in the US.

"These results reflect the impact of HP’s business moves, as we

deliver innovative new products, neutralize Dell’s price advantage and make

major supply chain improvements that help HP deliver better value to our

customers," says Jim McDonnell, VP, Marketing, HP Personal Systems Group.

"Our customers expect high innovation and high value, and we’re

delivering."

During the fourth quarter, HP introduced several new products including the

Compaq Tablet PC, the HP Media Center PC, two new iPAQ Pocket PCs, as well as

several aggressively-priced notebook and desktop PC offerings.

DQCI NEWS BUREAU