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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 TheGee on 10/20/2006 9:29:36 AM , Rating: 2
As far as I know Intel has always been in the lead in sales!
Only not (until recently)in horsepower. I don't think being Intel only harmed Dell US sales because joe public couldn't give a toss and corporates like intel anyway (genralisation I know) My organisation has about 10,000 PC units and all HP (compaq) and bloody good they are too! Never seen dell in any business in any quantity here in UK.
Going with AMD certainly won't harm Dell unless Intel have put their unit cost up in spite! Anybody know?


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