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20/07/2001
PC SALES AT LOWEST POINT IN FIFTEEN YEARS
PC SALES have fallen for the first time in fifteen years, according to worldwide research by Gartner Dataquest.
The findings follow a series of second-quarter profit losses reported by many companies in the PC industry, which have been more severe than analysts’ forecasts.
Hewlett Packard posted a fall of 18.8 per cent, while Compaq reported a similar loss of -14.4 per cent, with IBM not far behind on -6.5 per cent. Only Dell defied the downward trend, to report a second-quarter sales increase of 13 per cent, thanks to a cost-reduction strategy aimed at negating the adverse effects of a slow-moving market.
Losses are thought to have been most severe in the US, which makes up almost 40 per cent of worldwide PC sales. Western Europe accounts for a further 20 per cent, but has recorded a similar slowdown, and market projections are not optimistic for third and fourth quarter gains.
Overall, worldwide PC purchases have fallen by 1.9 per cent to 30.4 million units in the second quarter in comparison to the same quarter in 2000. (CL)
The findings follow a series of second-quarter profit losses reported by many companies in the PC industry, which have been more severe than analysts’ forecasts.
Hewlett Packard posted a fall of 18.8 per cent, while Compaq reported a similar loss of -14.4 per cent, with IBM not far behind on -6.5 per cent. Only Dell defied the downward trend, to report a second-quarter sales increase of 13 per cent, thanks to a cost-reduction strategy aimed at negating the adverse effects of a slow-moving market.
Losses are thought to have been most severe in the US, which makes up almost 40 per cent of worldwide PC sales. Western Europe accounts for a further 20 per cent, but has recorded a similar slowdown, and market projections are not optimistic for third and fourth quarter gains.
Overall, worldwide PC purchases have fallen by 1.9 per cent to 30.4 million units in the second quarter in comparison to the same quarter in 2000. (CL)
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
