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Technology Stocks : Compaq

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To: PCSS who wrote (97398)4/26/2002 8:38:37 AM
From: Elwood P. Dowd   of 97611
 
From The Zoo:

Palm Losing Compaq Gains
by: iamlongcpq 04/26/02 06:16 am
Msg: 281596 of 281597

Palm Losing Customers in Western Europe; Compaq Gains, WSJ Says
By Claire Shoesmith

Santa Clara, California, April 26 (Bloomberg) -- Palm Inc. is losing customers in the European personal organizer market, while rival Compaq Computer Corp. is increasing shipments, the Wall Street Journal said, citing Canalys.com Ltd., a U.K. researcher.

Shipments by Palm, the world's biggest maker of hand-held computers, fell 48 percent in the first quarter, while Compaq made 36 percent more deliveries, the paper said. Overall shipments into Europe, the Middle East and Africa fell 30 percent to 679,000, compared with a year earlier, the paper said.

Compaq has taken market share because its devices run software from Microsoft Corp., which has 34 percent of the region's organizer market, compared with 18 percent a year earlier, the paper said.

Canalys, which also said the average price of organizers is rising, reported that computer shipments by Nokia Oyj fell 23 percent from a year earlier, the Journal said. The figures include handheld computers and mobile phones with functions like a calendar, notebook and address book, the paper said.
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