To: Boplicity who wrote (128280 ) 5/24/1999 10:31:00 PM From: stockman_scott Respond to of 176387
FYI....A Handheld Computer Update... <<Monday May 24, 9:23 pm Eastern Time Dataquest sees surge in handheld computer market NEW YORK, May 24 (Reuters) - Handheld computers like 3Com Corp.'s Palm Pilot and similar devices running Microsoft Corp. software are projected to ship nearly 50 percent more units this year than last, a market researcher said on Monday. Dataquest Inc., a unit of market research firm Gartner Group Inc. (NYSE:IT - news), forecast that more than 5.7 million handheld computer units will ship worldwide in 1999, a 47 percent increase over 1998 levels. The handheld market is expected to continue to grow more than 30 percent per year through 2003, when total worldwide handheld shipments are expected to reach 21 million units, according to Dataquest. Handheld computers offer fingertip access to information, synchronization of schedules with other computers, and immediate access to key data. Scott Miller, a Dataquest mobile computing analyst, said he expects handheld computer shipments to grow at rates two to three times faster than personal computers, propelled by new wireless Internet links such devices are now incorporating. By 2003, PC shipments are expected to hit 178.9 million with revenues creeping past the $215 billion mark, according to Dataquest. In revenue terms, the worldwide handheld computer market is expected to reach $7.2 billion in 2003, up from $1.6 billion in 1998 and an estimated $2.3 billion in 1999. ''In 1998, the handheld computer market crossed the important billion-dollar sales threshold and is well on the way to reaching critical mass,'' Miller said, driven by the growing corporate use of such devices. Dataquest expects that handheld computers based on 3Com's PalmOS and Microsoft's Windows CE will gain market share at the expense of competing devices that run on captive software systems from individual computer makers. PalmOS and Microsoft's Windows CE are forecast to account for 92 percent of the market by 2003, up from 67 percent of total handheld shipments in 1998, Dataquest predicted. Miller said he anticipates Palm will continue to beat Microsoft in total shipment of handheld devices, even though the Seattle-based software giant will continue to gain ground. Separately, 3Com Corp. said Monday it began selling its new Palm VII wireless handheld computer, which supplies remote access to e-mail, the Internet, and instant messages. The unit is available now in New York, New Jersey and Connecticut and will be offered nationwide later this year.>>