News release

HP Continues Leadership in Worldwide Notebook PC Market

HP Notebook Unit Sales Outpace Market Growth

For the second consecutive quarter, HP (NYSE:HPQ) is the leading vendor of worldwide notebook PC sales with 15.9 percent of the unit market share in the first quarter of calendar year 2003, according to data released today by IDC.⁽¹⁾ HP gained 1.1 points in share on 6 percent unit growth, while its nearest competitor lost 0.3 points in share on a 3 percent decline in unit growth.

"HP continues to extend its leadership in the notebook market by focusing on industry-leading innovation and customer value," said Alex Gruzen, senior vice president and general manager, mobile computing global business unit, HP Personal Systems Group. "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."

HP increased its notebook unit share sequentially in all major regions: North America, Europe, the Middle East and Africa, and Asia Pacific. In the United States, HP holds the No. 2 position with 18.9 percent of the market. HP increased unit sales 7.4 percent sequentially, while the market leader's unit growth declined by 2.4 percent.

HP offers a broad portfolio of wirelessly enabled notebook products designed to meet the needs of consumers, small- and medium-sized businesses and enterprise customers around the world. The company was among the first to market with new consumer and SMB notebooks featuring 802.11g⁽²⁾ wireless connectivity. HP is also recognized as a market leader with the innovative HP Compaq TC1000 Tablet PC, which was introduced in November 2002.

About HP

HP delivers vital technology for business and life. The company's solutions span IT infrastructure, personal computing and access devices, global services and imaging and printing for consumers, enterprises and small and medium business. For the last four quarters, HP revenue totaled $70.4 billion. More information about HP is available at http://www.hp.com.

⁽¹⁾ The market share information is based on IDC's worldwide quarterly PC tracker. Published May 2003

⁽²⁾ 802.11g is not standard on notebooks and is a user configurable option