According to this:CPQ is #1 with additional growth due to DEC.
Yet I do not think cpq will be trading at 60. Is that the target for cpq? I do belive cpq may have better growth going forward. It is having difficult time getting passed 35.
-Flora
European PC sales rose 17.8 pct in Q2 1998 - IDC
FRANKFURT, July 25 (Reuters) - European PC sales continued
expanding at a high rate in the second quarter of 1998, rising
17.8 percent behind solid gains by Compaq Computer Corp
and Dell Computer Corp , according to market researcher
International Data Corp.
Unit sales in Europe, the Middle East and Africa totalled
6.5 million personal computers, versus 5.2 million in the second
quarter of 1997, IDC said.
But while unit volumes are rising, sales in value terms
remained pressured by the industry's aggressive price-cutting.
"Despite a thriving market in volume terms, vendors are
really beginning to feel the pinch from lower margins," said Ian
Derbyshire, manager of IDC's PC tracking programme in London.
"This is favouring the major players, due to economies of
scale, something which is reflected in the continued
consolidation in the market," he said.
IDC did not provide estimates on second quarter PC revenues.
Previously IDC reported European PC sales rose 21 percent in
the first quarter of 1998.
The second quarter rise came against weaker markets in
Russia and other eastern and central European countries, IDC
said.
Compaq remained the region's largest supplier, and gained
from its acquisition of Digital Equipment Corp. Its second
quarter unit shipments rose 28.6 percent to 1.05 million PCs,
giving the company 17 percent of the European market.
Dell vaulted to the number two position, as its unit sales
soared 81 percent to 479,924 PCs, for a 7.8 percent share of the
market. In the year-ago quarter, Dell ranked number five in
market share with 5.1 percent.
IBM Corp was one behind Dell with 452,742 units
sold, up 9.3 percent, for market share of a 7.4 percent.
Hewlett-Packard Co was fourth with 370,168 units as
its growth slowed to 8.9 percent. Its market share was six
percent.
The top five was rounded out by Germany, Siemens Nixdorf
Informationssysteme AG, whose unit sales climbed 34.5 percent to
338,565, for a 5.5 percent share of the market.
The unit of Siemens AG displaced another German
firm, Vobis Microcomputer AG, in the fifth position.
Both German groups underwent major changes in the quarter.
Siemens sold off its PC manufacturing to Taiwan's Acer Inc, and
combined most of Siemens Nixdorf into with its communications
businesses.
Vobis was sold by retail group Metro AG to CHS Electronics
Inc of the United States |
