IDC raises estimate for PC sales
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Growth in commercial PC shipments in the second quarter was the highest in that segment since 1999, the researcher says.
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Green Christmas. Intel (nasdaq: INTC - news - people ) on Thursday pumped up the range of its fourth-quarter sales forecast. The Pentium chip maker cited muscular global holiday demand for its microprocessors.
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U.S. retail consumers could begin to see great deals on PC  purchases as the market gets more competitive.
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The hard drive maker on Tuesday raised its quarterly  revenue and profit forecasts for the December quarter on strong  seasonal demand for newer products, surpassing analysts'  forecasts.
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Can't get enough of 'em iSuppli, the tech market researcher, has raised its forecast for PC shipments this, following a surge in notebook sales in the first quarter. It now estimates that PC makers will ship 264 million units in 2007, up 11.2 per cent on 2006's 239 million units. Previously it pegged market growth for the year at 10.7 per cent.â¦
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Shoppers reached for more digital  cameras in the fourth quarter, taking advantage of holiday  bargains and fueling better-than-expected shipments of the  devices for the full year, according to research firm IDC.
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SEMICONDUCTOR giant Intel has dramatically raised the range of its fourth-quarter sales forecast as it benefited from strong holiday demand for microprocessors.
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Sales up 13.5% PC sales in Europe, the Middle East and Africa (EMEA) were up 13.5 per cent in Q2 2007, according to market watcher IDC. A total of 17.5m desktop and notebook computers were sold in the region, with a 31 per cent increase in notebook sales compared to the same period last year.â¦
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PC chip sales continued their record pace in the fourth 2007 quarter, but IDC predicts that a slowing economy will blunt shipments in the first quarter of 2008.
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PC shipments in the second quarter grew faster than any three-month period since 1999, IDC said Monday, citing the continued pent-up demand for replacement systems as the driving force behind the sales surge.
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AUSTIN, Texas _ Dell Inc. expanded its share of the personal-computer market in the third quarter, taking advantage of its traditionally strong commercial sales in the period to extend its lead over rival Hewlett-Packard Co.
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Analysts at IDC say the market could grow from the 12.5 million units shipped last year, predicting a compound growth rate of 20 per cent each year.
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Target Corp. TGT.N on Monday   raised its September sales forecast, saying it now expects   same-store sales to rise about 5 percent.
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(InfoWorld) - Even as PC sales continue double-digit growth, industry revenue is likely to decline 2.5 percent to US$198.5 billion in 2006, according to a forecast released Friday by Gartner Inc. Worldwide PC shipments are scheduled to rise 10.5 percent over last year, reaching 233.7 million units. The disparity comes because PC vendors have been slashing the prices of desktops and notebooks as they hustle to compete with each other. Another force pushing computer prices down is a series of recent price cuts by Intel Corp. and Advanced Micro Devices Inc. on their processors, the most expensive part of a PC. Now, as the holiday sales season approaches, things could get even worse for vendors like Dell Inc. and Hewlett-Packard Co. In additional to wrestling with each other, they will also have to compete with consumer electronics companies, said George Shiffler, a research director at Gartner. Shoppers have a limited number of dollars to spend on electronics. That spells trouble for PC vendors since the price of a low-end desktop is comparable to a smartphone and its accompanying service contract, he said. Flat panel TVs will also compete with PCs, since excess production capacity has lowered LCD (liquid crystal display) prices and producers are expected to cut prices further with aggressive holiday discounts. Even Microsoft Corp.'s impending launch of the new Vista OS will produce only a temporary rise in sales, Shiffler said. The Gartner study echoes weak financial results at Dell, the world's largest PC vendor. Dell blamed cost cutting and weak demand for $14.1 billion in revenue for the quarter ended Aug. 4. That number was up only 5 percent over the same period last year although Dell sold 11.6 percent more computers worldwide, climbing from 8.7 million in the second quarter of 2005 to 9.7 million this year. Looking past 2006, the flood of low-cost PCs will drive brisk sales in emerging markets through 2008, but mature markets like the U.S. will soon slump to single-digit growth, Gartner said.
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Hewlett-Packard reported solid financial results for its fiscal first quarter, driven by growth in PCs and enterprise hardware. The results prompted HP to raise its forecast for the year ahead.Revenue for the quarter, which ended Jan. 31, was $28.5 billion, up 13 percent from a year earlier, HP announced Tuesday. Pro forma net income was $2.3 billion, or $0.86 per share, up from $1.8 billion, or $0.65 per share, a year earlier.The figures beat the expectations of financial analysts, who had forecast revenue of $27.6 billion and pro forma earnings per share of $0.81, according to Thomson First Call. The pro forma figure excludes one-time items that slightly inflated the results. Using generally accepted accounting principles, HP&#39;s profit was $2.1 billion, or $0.80 per share.HP&#39;s Personal Systems Group, which produces its laptop and desktop PCs, grew its revenue 24 percent from the same period a year earlier, to $10.8 billion, with unit shipments up 27 percent. Notebook sales climbed fastest, up 37 percent, while desktop sales climbed 15 percent.The division had already been doing well. HP extended its lead over Dell in PC sales last year, according to figures from Gartner. HP ended the year with 18.2 percent of the market, compared with 14.3 percent for Dell. The PC market overall grew 13.4 percent.HP may find it hard to sustain that growth rate, in part because it has to make comparisons with increasingly successful quarters in the year before, CEO Mark Hurd said on a conference call. Still, Hurd said, &quot;when you look at 24 percent growth, I think that&#39;s pretty darned strong.&quot;HP&#39;s imaging and printing group performed slightly less well, with revenue climbing 4 percent to $7.3 billion. Printer unit sales declined by 1 percent from a year earlier, thanks to weakness in the consumer market. Revenue from supplies, which includes HP&#39;s profitable ink business, climbed 6 percent, however.Revenue from the servers and storage group climbed 9 percent to $4.8 billion. Sales of blades and industry-standard servers were strong, while HP&#39;s PA-RISC and Alpha chip businesses continued to shrink. Services revenue climbed 11 percent year-over-year to $4.4 billion, while software sales climbed 11 percent to $666 million, HP said.Hurd said he was pleased with the results overall. He attributed them to successful cost-cutting efforts, the addition of 2,000 new HP sales staff in the past year, and a diverse product portfolio.HP generates an increasing amount of its business overseas, he said. Its biggest market continued to be Europe, the Middle East and Africa, where revenue grew 15 percent to $12.3 billion. Asia-Pacific revenue climbed 22 percent to $4.9 billion. Growth in the Americas was a sluggish 8 percent, generating $11.2 billion.&quot;We generated 69 percent of our revenue outside the U.S., with emerging markets driving significant growth,&quot; Hurd said.The company now expects second-quarter revenue of $27.7 billion to $27.9 billion, and pro forma earnings per share of $0.83 or $0.84. That&#39;s above what analysts polled by Thomson had been estimating: pro forma profit of $0.82 and revenue of $27.4 billion.
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IDC projects that worldwide PC shipments will increase by 16.7% in the fourth quarter of this year, bolstered by the strong laptop sales.
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Taiwanese DRAM makers posted record-high sales last month as a rise in PC demand helped raise prices for the most widely used chips, DDR2.