Monday, April 19, 2004
The PC market remained strong in the first quarter of 2004 with worldwide shipments of 41.2 million units and year-to-year growth of 16.5%, according to the latest report by International Data Corp.
Shipment growth beat expectations of 13.5% due to strength in the United States and Europe, boosted by growth in business demand. Aggressive pricing and continued portable adoption also supported rapid growth.
Dell had a strong quarter with year-to-year growth of more than 28% and sequential growth of 6.1%, boosting shipments to nearly 7.7 million units. The company's share of shipments grew from 16.9% in the fourth quarter of 2003 to 18.6% in the first quarter of 2004 to recapture the lead in total worldwide shipments from Hewlett-Packard.
In the United States, growth rose to 15.7% despite the end of the holiday shopping season as business demand continued to grow. Dell benefited most from the shift in demand.
By: DocMemory
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