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.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: kemble s. matter who wrote (157643)	6/6/2000 7:08:00 PM
From: calgal	Read Replies (1) \| Respond to of 176387

PC demand seen growing 15.2 pct in Q2/2000 - IDC marketwatch.newsalert.com Reuters Company News - June 06, 2000 15:31 NEW YORK, June 6 (Reuters) - Worldwide demand for personal computers is expected to jump 15.2 percent during the second quarter of 2000 to 30.3 million units, according to data released on Tuesday by market research firm International Data Corp. Overall unit volume will be fuelled by growing demand in Asian markets as well as a continued pattern of high consumer demand, International Data Corp. (IDC) predicts. Japan will continue as a "hot" market with year-over-year growth of nearly 41 percent, fuelled by consumers, new low-cost desktop models, and business PC upgrades in part stimulated by the extension of a tax legislation. Outside Japan, the Asia-Pacific region will also retain its high-growth position during the second quarter expanding about 25 percent. Consumer demand in that region is also expected to grow with shipment levels at close to 50 percent over the second quarter of 1999. Key market drivers include lower price points driving more households to purchase persona computers, as well as government-sponsored programmes in countries like Korea that promote PC purchases. The top five PC vendors who will benefit from strong demand in Asia and in consumer markets are Acer Inc. , Hewlett-Packard Co. , Dell Computer Corp. and Gateway Inc., according to IDC. Dell shares were up 2-1/8 late Tuesday afternoon trading at 44-7/8 on the Nasdaq stock market, while Compaq shares rose 1/2 to 27-3/8 on the New York Stock Exchange. Gateway shares were also up 5/8 on the Big Board while IBM shares climbed 3/16 to 112-5/8. Hewlett-Packard shares were down 1-9/16 at 118-3/4. IDC, however, does predict a slight decline in global PC volume from the first quarter due to a mixed growth story in the United States. "While the U.S. consumer market remains strong, we see a tighter supply of desktop PCs due to current CPU shortages," said Bruce Stephen, vice president of worldwide personal systems research group. IDC also said demand for desktop PCs by corporations is not likely to rebound much during the second quarter, contributing to an expected single-digit year-over-year growth rate. However, demand in corporate accounts should improve in the second half of 2000 as the Windows 2000 upgrade cycle moves into high gear. During the first quarter of 2000, the top three PC vendors in the United States based on number of shipments were Dell with almost 2.0 million shipments and a 17 percent market share, Compaq Computer Corp. with 1.9 million units and a 16 percent market share, Hewlett-Packard with 1.4 million shipments and a 12 percent market share, and Gateway with 1.0 million units and an 9 percent market share. The top four vendors worldwide were Compaq with 4.0 million units and a 13 percent market share, Dell with 3.2 million shipments and a 10 percent market share, Hewlett-Packard with 2.5 million units and an 8 percent market share, and International Business Machines Corp. with 2.0 million shipments and a 6 percent share in the worldwide market. Copyright 2000 Reuters Limited. All rights reserved