HP Continues to Lead PC Industry with Rapid Market Share Growth

[Nikos Kartalis]

HP continued its accelerated growth in the PC market – at a pace nearly three times the global average – according to results from the second calendar quarter of 2007 released today by industry analyst firm IDC.

Results for the period mark the eighth consecutive quarter that HP has grown faster than the global PC market. HP continued to strengthen its market share lead while posting record operating profit for the PC business in its most recently reported second fiscal quarter results.

HP's product lineup delivers new paradigms in design and usage, with features such as walk-up, touch computing in the HP TouchSmart PC and built-in webcams and instant viewing capabilities in business tablets.

"From the largest enterprise to high school students, customers across every market segment are demonstrating a strong preference for HP PCs, which are making technology more intuitive and personal than ever before," said Todd Bradley, executive vice president, Personal Systems Group, HP. "We believe it is HP's commitment to providing the best customer experience, through the broadest distribution channels around the globe, that has been key to our continued success."

According to IDC's report, HP grew its worldwide PC shipment unit share lead to 19.3 percent. The company's worldwide PC shipments grew at a rate of 36.5 percent year over year, nearly three times faster than the overall global PC market growth rate of 12.5 percent for the period. HP's U.S. market share grew at a rate of 26 percent, more than tripling the average regional market growth in the second quarter to capture 23.4 percent market share, up from 20 percent for the same period in 2006.


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