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HP edges past Dell in global PC shipments for the third quarter

Dell has been sitting in the driver's seat for PC shipments ever since the fourth quarter of 2003. That all changed during the third quarter of this year as Hewlett-Packard eased into the first place position. According to the latest figures from Gartner Dataquest, HP saw its worldwide shipments climb by 15% to 9.65 million units. Dell, on the other hand, saw its shipments rise by just under 4% to 9.54 million units.

"We are delighted to have reclaimed the number-one share position in a period where we also achieved profitability and revenue milestones," said HP executive CP Todd Bradley.

Analysts point to HP CEO Mark Hurd as the reason behind the company’s change of fortune. Hurd took over for Carly Fiorina in 2005 and has made great strides in trimming HP’s workforce, cuttings costs and boosting revenue.

Dell shares dropped by 6.19% to $23.17 today upon the announcement of the news. Dell depends heavily on its US operations for PC sales and a 7.1% slide in US shipments gave HP an opening. "The rate of growth reflects our efforts to rebalance our execution in areas such as pricing, growth outside the U.S. and improved customer experience," said a spokeswoman for Dell.

An analyst for Banc of America Securities wasn’t so optimistic. "If the company is unable to meet revenue estimates during a robust PC demand environment, how will the company be able to meet expectations during a weaker, slowing growth environment,” wrote Keith Bachman.



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RE: CEO
By AlexWade on 10/20/2006 8:35:17 AM , Rating: 2
I never recommended a Dell just because Dell didn't give you a choice, until recently. Dell was an extension of Intel. It is all about competition and choice.

HP was willing to ditch Itanium for Opteron. HP had the guts to stand up to Intel, unlike Dell. That is why I recommended HP. Support the brave, the ones that support competition. If it wasn't for AMD's competition, we'd all be stuck with inefficient single-core P4's that Intel would try in vain to get more speed out of. Instead, we have efficient Core 2's with two and soon four cores. I wanted to build a Core 2 computer for myself, but memory problems (only because it is new) scared me away. Competition wins.

On a side note, did anyone notice that after AMD sued Intel that AMD machines started showing up more and more in the marketplace?


RE: CEO
By DallasTexas on 10/20/06, Rating: -1
"Nowadays you can buy a CPU cheaper than the CPU fan." -- Unnamed AMD executive

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