News release

HP Comments on Recent PC Market Share Data

The following is a statement from HP (NYSE:HPQ) regarding worldwide PC market share numbers for the first quarter of calendar year 2003.⁽¹⁾

"As we have consistently said, the No. 1 market share position is a two-horse race between HP and Dell, and the see-saw battle will continue well into the future," said Jim McDonnell, vice president of marketing, HP Personal Systems Group. "HP and Dell are virtually neck and neck for the third consecutive quarter with just over 500,000 of the more than 34 million units shipped worldwide separating the two companies.

"HP continues to hold a significant lead in key global markets such as Europe, with the No. 1 position at 20.6 percent share -- more than 50 percent greater than the nearest competitor. In the long term, proven product innovation and competitive pricing, two of our strengths, will continue to play key roles in our industry, as demonstrated by the demand for our recently introduced Media Center PC and Tablet PC. And, as we move forward, our strong international presence and the strength of our global network of partners will continue to provide real value to our customers -- and set us apart in the marketplace."

⁽¹⁾ The market share information is based on IDC's worldwide quarterly PC tracker published April 17, 2003.