HP's PC Market Growth Outpaces Industry's
PRESS RELEASE
October 2007
The HP personal computing business continues to grow at a pace more than twice the global average, according to results from the third calendar quarter of 2007 released today by industry analyst firm IDC.(1)
Results for the period mark the ninth consecutive quarter that HP has grown faster than the global PC market. HP continued this accelerated market share growth while also posting record operating profit for the PC business in its most recently reported third fiscal quarter results.
According to IDC's report, HP grew its worldwide PC shipment unit share to 19.6 percent. The company's worldwide PC shipments grew at a rate of 33 percent year over year, more than twice the overall global PC market growth rate of 15.5 percent for the period.
HP's U.S. shipments grew at a rate of 16.9 percent, more than tripling the regional market growth in the third quarter to capture 24.3 percent market share, up from 21.8 percent for the same period in 2006.
"We've listened to what our customers have told us makes a computer personal to them - from the way it looks and how it's used, to how they buy it and are supported after the sale," said Todd Bradley, executive vice president, Personal Systems Group, HP.
"That PC buyers young and old, consumer and professional, around the world continue to choose HP in growing numbers is proof that we're succeeding in providing that best customer experience."
The HP personal computing lineup delivers some of the most advanced offerings in design and ease-of-use features, such as extreme personalization and liquid cooling in the highly acclaimed HP Blackbird 002 gaming machine, and simple, one-touch back-up for digital music, videos and memories with the HP Pavilion Elite m9000 PC, both introduced last month.
October 2007
The HP personal computing business continues to grow at a pace more than twice the global average, according to results from the third calendar quarter of 2007 released today by industry analyst firm IDC.(1)
Results for the period mark the ninth consecutive quarter that HP has grown faster than the global PC market. HP continued this accelerated market share growth while also posting record operating profit for the PC business in its most recently reported third fiscal quarter results.
According to IDC's report, HP grew its worldwide PC shipment unit share to 19.6 percent. The company's worldwide PC shipments grew at a rate of 33 percent year over year, more than twice the overall global PC market growth rate of 15.5 percent for the period.
HP's U.S. shipments grew at a rate of 16.9 percent, more than tripling the regional market growth in the third quarter to capture 24.3 percent market share, up from 21.8 percent for the same period in 2006.
"We've listened to what our customers have told us makes a computer personal to them - from the way it looks and how it's used, to how they buy it and are supported after the sale," said Todd Bradley, executive vice president, Personal Systems Group, HP.
"That PC buyers young and old, consumer and professional, around the world continue to choose HP in growing numbers is proof that we're succeeding in providing that best customer experience."
The HP personal computing lineup delivers some of the most advanced offerings in design and ease-of-use features, such as extreme personalization and liquid cooling in the highly acclaimed HP Blackbird 002 gaming machine, and simple, one-touch back-up for digital music, videos and memories with the HP Pavilion Elite m9000 PC, both introduced last month.
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