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Technology Stocks : Dell Technologies Inc.
DELL 126.41+2.8%3:59 PM EST

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To: MadManMike who wrote (137655)7/26/1999 11:34:00 AM
From: Mohan Marette  Read Replies (1) of 176387
 
Dell growing faster, but Compaq selling more

By Omar Gallaga
American-Statesman Staff

Published: July 26, 1999

Dell Computer Corp.'s PC sales grew faster than any other computer maker in the second quarter of 1999, but it still wasn't fast enough to unseat Compaq Computer Corp. as the world's best-selling PC maker.

According to a report scheduled for released today by Dataquest Inc., the San Jose, Calif.-based research company, Dell's worldwide PC shipments grew by 50.3 percent in the second quarter from a year ago, and its U.S. shipments grew by 51 percent.

Round Rock-based Dell shipped nearly 2.6 million computers worldwide during the first three months of the year, including 1.6 million in the United States.

IBM Corp. had the second-fastest percentage growth rate, with Big Blue's worldwide sales increasing by about 47 percent.

Houston-based Compaq, which just last week named a new chief executive as it struggles with management turmoil, saw sales grow by about 33 percent -- the lowest rate of any major computer maker. Still, Compaq shipped almost 3.5 million computers -- a million more machines than Dell.

Respectively, the top five PC makers in terms of units shipped were Compaq and Dell, followed by IBM, Hewlett-Packard Co. and Gateway Inc.

In all, according to Dataquest, worldwide PC shipments grew 26.4 percent in the second quarter, boosted by lower prices, economic recovery in the Far East and the growth of the Internet.
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