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: Dalin who wrote (121174)	4/29/1999 2:04:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 176387

Worldwide PC sales continue to surge & DELL 'kicks Ass'-This According to IDC. Dalin If you like that you should like this even better. ============================ Robust Consumer Markets and Asia Rebound Drive Strong Global Growth FRAMINGHAM, Mass., April 26, 1999 - Strong consumer demand and rebounding Asia/Pacific markets drove Q1 1999 year-over-year worldwide unit growth of 19%, according to preliminary estimates released today from International Data Corporation (IDC). Worldwide shipments rose to 24.5 million, representing a sequential decline of 11%. Worldwide growth was led by the United States, which grew a dramatic 24% to 9.8 million units in Q1 1999. Much of the growth was driven by strong consumer desktop demand across not just the low-cost segment, but the full range of price points. The introduction of Intel's Pentium III processor pushed price declines in Pentium II-based desktop products as many vendors introduced midrange PIII-based systems. "Consumer demand for low-cost computers did not let up in the first quarter," said Christine Arrington, an analyst with IDC. "But consumers also welcomed the latest technology embodied in the PIII desktops." Strong consumer demand in key country markets - the United Kingdom, France, and Germany - propelled Western Europe to a continued surge in growth. Sales of commercial PCs in the region were also quite healthy. Markets in Asia/Pacific continue to heat up and reverse the negative growth pattern that marked much of 1998. Consumer thirst for new PCs as well as the close of the fiscal year combined to lift the Japan PC market to high growth. Stabilized currencies and low price points drove solid growth in the Asia/Pacific market. Elsewhere, economic woes in Russia were offset by strong demand in the Middle East and Canadian markets. Vendor Results Vendor performance worldwide continued to be healthy even in a time of fierce price wars and limited revenue growth. The fight for market share remains very intense among the top five U.S. PC vendors. IDC continues to note a pattern of vendor consolidation: for example, the top vendors in the United States increased their share of the total market to 57%. Again, Dell continued to rack up solid market share increases and close in on Compaq. Dell's decreased reliance on consumer sales enabled it to report sequential growth, while most vendors experienced sequential declines. Moreover, Dell was able to then close the market share gap with Compaq. Overall, IDC believes, Dell continues to show solid growth across a range of PC product categories and geographies.