To: John Meares who wrote (75959 ) 3/9/1999 10:43:00 PM From: VICTORIA GATE, MD Read Replies (1) | Respond to of 186894
Study: U.S., Europe lead PC buying surge By Reuters Special to CNET News.com March 9, 1999, 5:10 p.m. PT Research firm International Data Corporation said today it expects healthy first quarter demand for personal computers, led by vibrant U.S. and Western European markets, but sees PC prices continuing to weaken during 1999. IDC expects the number of PCs shipped worldwide in the first quarter to grow 14.1 percent, year-over-year, and sees the Asia-Pacific market, excluding Japan, showing continuing signs of a rebound. Following a well-established seasonal pattern, first-quarter volume is expected to fall 14.7 percent from the 1998 fourth quarter, IDC said. It expects 103.2 million PCs to be shipped from factories in 1999, an increase of 14.3 percent from 1998. Signs of continuing price pressure in the PC market are reflected in IDC's outlook for growth in the dollar value of PC shipments: It sees a rise of just 4.8 percent in 1999, to $178.4 billion. Low projected growth in the value of 1999 PC shipments shows the continued slide in consumer, commercial desktop, and portable PC prices, IDC said. On a worldwide basis, QUOTE SNAPSHOT March 9, 1999, 1:25 p.m. PT Compaq Computer Corp. CPQ 32.7500 -1.6250 -4.73% Compaq Computer was the top PC seller in the 1998 fourth quarter, lifting its market share by a fraction to 15.3 percent. IBM was No. 2 with a 9.7 percent market share, down slightly from a year earlier. Dell Computer was third, increasing its market share to 8.4 percent from 6.2 percent. Dell, growing at triple the rate of rival computer makers, pulled ahead of Hewlett-Packard, which fell to fourth place with a 6 percent share, down from 6.2 percent a year earlier. Packard Bell NEC came in fifth, its market share slipping nearly one percent to 4.4 percent.