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To: Road Walker who wrote (165145)5/14/2002 4:36:08 PM
From: wanna_bmw  Read Replies (1) | Respond to of 186894
 
Gartner Says IBM, Sun, HP Gained in Server Sales

biz.yahoo.com

NEW YORK (Reuters) - International Business Machines Corp. (NYSE:IBM - News), Sun Microsystems Inc. (NasdaqNM:SUNW - News) and Hewlett-Packard Co. (NYSE:HPQ - News) all gained share in the U.S. computer server market during the first quarter, according to data released by Gartner Dataquest.

Compaq Computer Corp., which was purchased earlier this month by Hewlett-Packard, lost share, as did Dell Computer Corp. (NasdaqNM:DELL - News), Gartner said.

Computer servers are large, powerful computers that businesses use for enterprise-wide computing, such as managing databases and computer networks.

Gartner said IBM had 29.3 percent of the market at the end of the first quarter, up from 27.9 percent a year earlier. Sun had 23.6 percent, up from 21.4 percent a year earlier, and HP had 9.6 percent, up from 8.8 percent.

Dell, which makes servers based on microchips from Intel Corp. (NasdaqNM:INTC - News), accounted for 10.3 percent of server sales, down from 12.2 percent of the market. Compaq was 12.6 percent of the market, down from 13.9 percent a year earlier.

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To: Road Walker who wrote (165145)5/14/2002 4:41:13 PM
From: wanna_bmw  Respond to of 186894
 
HPQ revenues down, but earnings up vs one year ago.

biz.yahoo.com

The company reported second quarter revenue of $10.6 billion compared to $11.4 billion in its first fiscal quarter. Sequentially, pro forma revenue declined 7%, while gross margin increased from 26.9% to 28.7%. The company generated cash from operations of $2.1 billion for the quarter. Pro forma operating expenses were essentially flat on a sequential basis and were 22.2% of net revenue.

Pro forma earnings per share (EPS) for the quarter was 25 cents, in line with current consensus analyst estimates, compared to 29 cents in the first quarter and 17 cents in the year-ago period, excluding acquisition-related charges, in-process research and development charges, amortization of goodwill and purchased intangibles, restructuring charges and investment losses.

Including these items, reported GAAP EPS before an extraordinary item was 12 cents per diluted share, compared to 25 cents last quarter and 2 cents in the year-ago quarter.

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