Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (26306)	4/24/2000 12:15:00 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 71041

The general think was the communication chip semiconductor chip sales would offset declining PC sales. ********************************************** Monday April 24, 12:01 am Eastern Time PC shipments slow in Q1, H-P displaces IBM as No. 3 SAN JOSE, Calif., April 24 (Reuters) - Personal computer shipments grew 15 percent annually in the first quarter, as robust growth in Asia and Latin America offset slowing growth in the United States and Europe, a report to be released on Monday said. Preliminary statistics from Dataquest Inc., a unit of Gartner Group Inc. (NYSE:IT - news), said global PC shipments surpassed 29.9 million units in the first quarter of 2000, up from 26 million units in the first quarter of 1999. Among PC vendors, Hewlett-Packard Co. (NYSE:HWP - news) showed the strongest growth, surging into the No. 3 spot worldwide, displacing IBM (NYSE:IBM - news), which saw its market share slip after it moved to exit the U.S. retail PC business last fall. H-P captured 8 percent of the market to IBM's 5.9 percent. Compaq Computer Corp. (NYSE:CPQ - news) retained the No. 1 global spot, holding off No. 2-ranked Dell Computer Corp. (NasdaqNM:DELL - news), which in recent quarters has displaced Compaq as the No. 1 PC vendor in the United States, where Compaq is a close No. 2. Compaq held 12.5 percent while Dell had 10.0 percent. ``The Asia/Pacific region continues to recover economically, and with it, demand for technology is strengthening,' Dataquest PC analyst Charles Smulders said in a statement. Sales of commercial PCs were weak in Europe, offset somewhat by stronger sales of home PCs, the report found. Saturation of the commercial PC market in the United States has forced PC makers to develop new types of smaller, more stylish machines to attract new buyers, Dataquest said. The movement within the PC vendor ranks reflects the significantly faster growth of Hewlett-Packard, at nearly 60 percent year-year, and Dell, with nearly 30 percent. By contrast, Compaq grew 11.4 percent worldwide, while IBM fell nearly 16 percent. Last week, Hewlett issued a statement citing data from NPD Intelect, another market research firm, which found H-P's Pavilion line of home PCs led the U.S. retail market in the first two months of 2000, with 43 percent of the total unit share. By contrast, Compaq's consumer PCs held a 34 percent unit share, over the same period, Hewlett-Packard said.