HP Named Largest Global PC Maker for 2007
HP was named the world’s largest PC manufacturer for 2007, with 18.8 percent of global PC unit shipments for the calendar year, according to results from the fourth calendar quarter of 2007 released today by industry analyst firm IDC.(1)
According to IDC’s report, HP’s global unit shipment growth of 30.1 percent for 2007 more than doubled the average yearly growth rate of 14.3 percent. In the final quarter of 2007, HP held its lead in worldwide PC unit shipments with 19 percent market share.
The company grew at a rate of 23.3 percent year over year for the fourth calendar quarter, substantially faster than the overall global PC market growth rate of 15.5 percent for the period. HP’s U.S. shipments grew at a rate of 9.8 percent in the fourth quarter to capture 24.3 percent market share.
“In calendar 2007, HP completed a makeover of its extensive PC portfolio serving large enterprise, small business and individual consumers. IDC’s report shows that customers the world over enthusiastically embraced HP’s products for their high design and leading-edge technology,” said Todd Bradley, executive vice president, Personal Systems Group, HP. “We will continue to work to earn customer loyalty by delivering an excellent experience and innovation that really matters.”
The HP personal computing lineup delivers some of the industry’s most stylish designs and easy-to-use features, such as the youth-designed Artist Edition HP Pavilion notebook and the tablet and touch-enabled HP Pavilion tx2000 Entertainment Notebook, both of which debuted earlier this month at CES 2008.
HP focuses on simplifying technology experiences for all of its customers – from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world’s largest IT companies, with revenue totaling $104.3 billion for the four fiscal quarters ended Oct. 31, 2007. More information about HP (NYSE: HPQ) is available at http://www.hp.com.
(1) IDC, Worldwide Quarterly PC Tracker, Jan. 16, 2008, Preliminary.
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