HP Grows to World's No. 1 PC Vendor Oct 19, 2006

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HP has shipped more PCs than any other vendor worldwide for the third calendar quarter of 2006, according to both IDC and Gartner results released.

Results from both analyst firms for the period mark for the third quarter of 2006 as at least the third consecutive quarter that HP has grown faster worldwide than the global market, while HP also reported record revenue and operating margins for its Personal Systems Group in the fiscal third quarter.

According to the IDC Worldwide Quarterly PC Tracker, while the worldwide PC market for the third quarter of 2006 grew at 7.9 percent, HP's third calendar quarter worldwide PC shipments grew at a rate of 15.1 percent to 17.2 percent market share, nearly twice as fast as the worldwide market. HP's U.S. market share also grew faster than the market in the third quarter to increase share 1.6 percentage points to 22 percent from 20.4 percent year over year.

Gartner's Top 5 Preliminary PC Market Results for the third quarter of 2006 also show HP in the No. 1 position at 16.3 percent market share, 0.2 percentage points ahead of its nearest competitor.

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