'Dell's performance consistently IMPRESSIVE'-says IDC.
Lindy:
"Dell's performance remained consistently impressive each quarter. With an overall growth of 73 percent in 1998, it overtook HP for third place and is now within striking range of the number two spot."---IDC
..and people said it couldn't be done,Sheeeeeesh!
Consistency + Impressive = We need big bucks if you want the damn stock and no we don't have cheap PCs or cheap P/Es,sorry.(LOL)
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IDC: STRONG PC SALES ACROSS WESTERN EUROPE BOOST OVERALL EMEA MARKET BY 17.4 PERCENT IN 1998 -- IDC
FEB 3, 1999, M2 Communications - LONDON, UK -- Strong PC sales across Western Europe boosted the PC market in Europe, Middle East and Africa (EMEA) by 17.4 percent in 1998 according to preliminary data released today by International Data Corporation (IDC). Except in Eastern Europe where the performance of the whole region has been directly affected by the Russian economic crisis, all markets remained very solid across the region. Driven by a stronger consumer demand in Western Europe and sustained business PC spending, desktops, portables and PC servers all experienced very high growth in Q4'98 as in the full year 1998.
"The PC industry has entered a new high volume growth cycle, driven by sharp price decreases, Internet demand, shorter PC life spans, as well as new techology implementations. But at the same time, competition and aggressive pricing inevitably weaken value growth and margins", said Karine Paoli, EMEA Senior Industry Analyst. "In this context, vendors' success will more than ever depend on their ability to fullfil the market with both low-end and high-end products within a new optimized manufacturing and distribution model".
Market Highlights
The Western Europe PC market rose by 19.6 percent in Q4'98 and by over 21 percent on full year 1998 compared with the previous year. Fueled by a stronger consumer market, the Internet boom and a highly competitive environment in the second half of the year, the Western European market has become the fastest growing region worldwide. Also, despite different historic trends, all countries performed very well across the region. France is experiencing a particularly dynamic home and retail market with PCs sold for less than $750. Germany is driven by the rebound of consumer demand, and the Scandinavian markets have been stimulated by employee home purchase schemes.
Eastern and Central Europe, however, continued to decline as a whole (-21.3 percent in Q4' 98) due to the collapse of the Russian market which accounts for half of the region, bringing thus the overall growth in the ECE down to -10 percent for full year 1998. Major countries outside Russia, such as Poland and the Czech Republic, thrived however.
The Middle East and Africa markets continue to surge, experiencing over 20 percent growth in 1998, despite a slight slow down in Q4. South Africa, the region's largest market maintained strong growth throughout the year while Turkey registered its first decline in Q4.
1998 vendors review: Compaq no. 1; Dell gains share
Over 1998, the top vendors in EMEA have consistently outpaced the rest of the market. As a result, the Top 5 accounted for 44.5 percent of total shipments compared with 40 percent the previous year.
Compaq reinforced its leadership in the EMEA market place, bringing its market share up to 16.8 percent in EMEA and 18.3 percent in Western Europe. It also reduced the gap with Toshiba in the notebook market, and consolidated its position in the server market with the acquisition of Digital - despite growing competition from HP, IBM and Dell.
Dell's performance remained consistently impressive each quarter. With an overall growth of 73 percent in 1998, it overtook HP for third place and is now within striking range of the number two spot.
IBM maintained its market share and second position but its performance was patchy across the EMEA region. Showing strong growth in France, it lost share in Germany and in the UK. As a result it only experienced 17 percent growth in Western Europe in 1998.
HP's strong results in Western Europe were partially offset by a slow performance in East Central Europe, which resulted in the vendor dropping to fourth position for the year.
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