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


To: BBG who wrote (92328)1/28/1999 9:07:00 PM
From: Mohan Marette  Read Replies (4) | Respond to of 176387
 
Just in-U.S PC industry grew 15% in 1998-Dell continues HyperGrowth.

BBG:
and you ain't seen nothing yet...hang around will you please there is going to be more. Like that VG person says 'Dell no same.'<vbg>
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U.S. computer industry grew again last year

7.28 p.m. ET (0028 GMT) January 28, 1999

SAN JOSE, Calif. — The worldwide personal computer industry grew 15 percent last year, led by strong demand in the United States, where 37 percent of all households are now connected to the Internet, according to preliminary statistics being released Friday by Dataquest Inc.

"Affordability and growing relevance of Internet content is sustaining double-digit PC growth in the U.S.,'' said Bill Schaub, vice president for Dataquest's personal computing and peripherals group.

Worldwide, Compaq Computer Corp. remains the No. 1 seller of PCs, shipping 12.8 million computers in 1998 to gain 14 percent of the market. International Business Machines Corp. kept the No. 2 position with 8.2 percent of the market, but Dell Computer Corp. decreased the gap, growing 65 percent in 1998 to account for 7.9 percent of all PCs shipped.

"Dell now has posted 13 consecutive quarters of 50 percent-plus growth, leveraging its business model to insure that they are the price leader in the professional market,'' said Schaub.

Hewlett-Packard Co. finished the year as the fourth-largest shipper of personal computers, with 5.8 percent of the market, and Packard Bell NEC Inc. was fifth with 4.3 percent.