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PC shipments grew 13.7 percent in third quarter
Last Update: 8:27 PM ET Oct 25, 1998
SAN JOSE, Calif (AP) - Despite a struggling global economy, more than 22.6 million personal computers were shipped worldwide in the third quarter of 1998 - a jump of 13.7 percent over the same period last year.
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Updated:
10/25/98 8:01:24 PM ET
"Though some regions of the world continue to confirm the dampening effects of the financial turmoil in Asia and the Pacific, worldwide personal computer unit growth remains healthy," said Bill Schaub, vice president of Dataquest Inc. in San Jose.
In the United States, 9.5 million computers were shipped, up 18.2 percent from the year-ago period, said Dataquest.
Western Europe reported strong growth based on a growing low-cost PC market and a strong economy, said International Data Corp., based in Framingham, Mass.
Economic woes in Russia and the southeastern Asia markets countered the strong western European growth, though a positive growth rate in the Japanese market showed signs of a revival in consumer demand, said IDC.
Market data from IDC shows that although Compaq (CPQ) remains the number one vendor in the world, its growth in the United States slipped 8 percent to just 15.8 percent of the market. Meanwhile, Dell (DELL) is growing rapidly, up 65 percent to take 14.1 percent of the U.S. market.
IBM (IBM) clinched the No. 3 position for the United States with 34 percent growth, and Hewlett-Packard (HWP) and Gateway (GTW) rounded out the top five.
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