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


To: John Koligman who wrote (158745)7/24/2000 12:25:48 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 176387
 
this represents a helpful explanation:

While the second quarter is usually sluggish, falling as it does between the Christmas and back-to-school buying seasons, the results still provide the first clear sign that last year's torrid pace of PC sales might have been a fluke. Spurred by rock-bottom prices and a profusion of "free-PC" deals in which consumers could get a free machine in exchange for a long-term Internet contract, PC sales in the U.S. jumped 29% in the second quarter of 1999, according to Dataquest.

last year 2nd qtr PC sales grew at 29%, showing a spike bw 2nd, 3rd, and 4th qtrs. so we're comparing the 29% growth rate of last year against an overall 11% growth this year (dataquest). averaged together, the growth rate exceeds 20% per annum. making an overall annual comparison of slow growth against a onetime spike doesn't appear to be good analysis. overall, the report still remains better than some were expecting