PC Shipments Rise 12 Pct Worldwide in 3rd Quarter
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Shipments of personal computers  in the third quarter rose 12 percent, driven by strong  corporate demand and ongoing strength in Europe, the Middle  East and Africa, a market research firm said on Monday.
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Lenovo Group said its net income almost tripled during its third fiscal quarter, thanks to strong demand for its computers and a weak U.S. dollar.Lenovo&#39;s sales during the quarter came to $4.6 billion, up 15 percent over the same quarter a year earlier, the company said in a filing with the Hong Kong stock exchange on Thursday. The company reported net income of $172 million for the quarter, compared to $58 million a year earlier.The results announcement came late. Lenovo was originally scheduled to report its financial results on Wednesday, but missed a filing deadline with the Hong Kong stock exchange that forced the company to delay releasing its results by one day, it said in a statement.Third-quarter PC shipments rose 22 percent compared to the previous year, which Lenovo said outpaced the industry average of 16 percent. That growth likely grew Lenovo&#39;s share of the global PC market from 7.1 percent to 7.5 percent, the company said.China continued to be Lenovo&#39;s strongest market, with shipments up by 25 percent during the third quarter. Strong desktop PC sales boosted shipments in the Americas by 15 percent, while the company saw 24 percent growth in Europe, the Middle East, and Africa. Strong demand in India helped boost shipments in Asia-Pacific, excluding China, by 20 percent, it said.Looking ahead, Lenovo noted that the economic outlook is uncertain, but said continued strong demand for PCs in Asia and emerging markets elsewhere means PC shipments will continue to see double-digit growth. The company is counting on the expansion of consumer PC and server sales into markets outside China to give it a boost in the months ahead.Lenovo also announced plans to sell its mobile-phone business, which saw phone shipments decrease by 31 percent during the fiscal third quarter. A group of private-equity investors will buy the business in a deal valued at $100 million, Lenovo said in a separate filing with the Hong Kong stock exchange.
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BERLIN Fujitsu Siemens Computers, the No.3 seller of PCs in Europe, said Wednesday that revenue and profit surged in the six months through September as sales to small businesses increased amid a revival in corporate technology spending.
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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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Upgrades, emerging markets drive Q3 volumes up
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The computer maker is pulling further ahead of second-place rival Hewlett-Packard, according to new third-quarter shipment figures.
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Nation's third leading PC maker is turning operations in a positive direction.
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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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Demand for the Vista Windows system and other products helps Microsoft to quarterly profits of $3.03bn, up 11% on last year.
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Third-quarter PC shipments in the US increased 5 percent from the same period a year ago. That was below analysts&#39; forecast of an increase of more than 8 percent.
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MANHASSET, NY - Global PC unit shipments for the September 2004 fiscal quarter grew by 9.7 percent over a year ago, below market guidance for 12 percent growth and indicative of a weakening market for desktop PCs, according to market research firm
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Third-quarter profit jumped 77 percent, driven by growing sales of data storage software and hardware as well as a hefty gain from the sale of an ownership stake in VMware.
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Makers of PCs will ship 191.4 million units in 2004, a 13.4 percent increase from a year ago, according to research company iSuppli.
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(InfoWorld) - PC vendors reported global shipment growth of 12.5 percent in the second quarter as every major vendor except Dell posted a double-digit percentage increase in unit shipments compared to the same period last year, according to a report released Wednesday by IDC. Dell shipped 4.9 percent fewer PCs during the quarter than it did in 2006 as the company continued to struggle with a corporate restructuring effort that has included deep job cuts, changes in executive leadership, and a new strategy of selling computers through retail channels instead of only online. In contrast, Hewlett-Packard Co. (HP) consolidated its position as the world's largest PC vendor with unit shipment growth of 36.5 percent. Overall, vendors sold 58.8 million PCs in the quarter, IDC said. A report released on the same day by Gartner showed similar results with Dell sliding 5.5 percent compared to HP's growth of 36.6 percent. Gartner reported that global PC shipments rose 11.7 percent to 61.1 million units. HP is seeing good results because of a multifaceted approach that allows the company to concentrate its sales efforts on new regions if sales slump in another sector, said David Daoud, manager of the personal computing and PC tracker programs at IDC. "They are not putting all their eggs in a single basket," he said. "That is the result for a company that has adopted a multifaceted approach. PC shipments were slightly better than expected in the U.S., but they have done even better outside the U.S. in emerging markets and western Europe. So they can manage multiple regions." Despite the contrast in trends, none of the top five vendors changed their worldwide rankings by market share. For the quarter, HP claimed the top spot with 19.3 percent of global PC sales volume, leading Dell with 16.1 percent, Lenovo with 8.3 percent, Acer with 7.2 percent and Toshiba with 4.1 percent, according to IDC. The Gartner study showed the same rankings. However, Acer could soon begin to climb the rankings, if its success continues. The company improved its PC shipment volume by 55.4 percent in the second quarter, pulling close behind Lenovo, which grew at 22.3 percent. "Acer is laser-focused on particular segments, especially SMB and channel resellers," Daoud said. "They are just plowing." In the U.S., Acer is only the sixth-biggest PC vendor but showed the fastest rise in shipments, improving by 163.8 percent over the second quarter of 2006. Overall, the U.S. market is lead by Dell with 28.4 percent market share by shipments, then HP with 23.6 percent, Gateway and Apple with 5.6 percent each, Toshiba with 5.3 percent, and Acer with 5.2 percent. IDC counts PC shipments including sales of desktops, notebooks, ultraportables, and x86 servers, but not handhelds. Overall, the global market achieved its 12.5 percent shipment growth in the quarter thanks to good activity in the Asia-Pacific region and to slightly better than expected activity in the U.S., Daoud said. That growth rate was higher than the first quarter, when shipments rose 10.9 percent over that period in the previous year, and higher than the second quarter of 2006, when shipments rose 9.7 percent year on year. For the future, consumers continue to buy notebooks instead of desktops as the cost premium between the two models has narrowed to its smallest differential yet. IDC forecast strong growth in the second half of 2007 but said that market competition will be more complex than just cutting prices. Instead, PC vendors will try to get customers' attention with system design, customer service, channel coverage, and market expansion.
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Record breaking Q3, says analyst Graphics chip makers had a particularly successful third quarter, it emerged today, with shipments up on Q2 by a whopping 20.2 per cent - the highest quarter-on-quarter increase since 2002's 18.6 per cent, by a good margin.â¦
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Dell continued to outpace the rest of the IT industry during its third quarter, with strong growth in shipments, revenue and net income.
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THE PC market in Asia is looking positive this year on the back of strong results in the fourth quarter of 2006.