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HP Comments on Recent Handheld Devices Market Share Data
PALO ALTO, Calif., Oct. 27, 2003
The following is a statement from HP (NYSE:HPQ) regarding worldwide handheld devices market share numbers for the third quarter of calendar year 2003(1):
According to IDC's report, HP stunned the handheld industry with phenomenal unit growth of 100.3 percent year-over-year and 52.5 percent sequentially. HP not only led the overall growth of the handheld industry, but also moved significantly closer to the No. 1 position in the overall PDA category. HP remains the No. 1 worldwide Pocket PC vendor.
"Customers responded loud and clear to HP's broad handheld product portfolio which not only helped HP lead the worldwide growth with a 52.5 percent sequential gain, but also made us the biggest contributor to taking the overall handheld market into positive sequential growth for the first time since Q4 2002," said Ted Clark, vice president handhelds, Mobile Computing Global Business Unit, HP. "HP surpassed industry expectations, with quarter-over-quarter market share jumping from 17.6 to 24.5 percent. That growth helped us further solidify our strong No. 2 position in handhelds."
In June, HP introduced five new iPAQ Pocket PC models, including models targeted at the consumer market. The introductions filled out HP's Pocket PC portfolio to meet the needs of both enterprises and consumers - and that made a solid impact in the third quarter. In addition, HP was the first major Pocket PC vendor to successfully ship Windows Mobile 2003 upgrade software for Pocket PC.
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing for consumers, enterprises and small and medium businesses. For the last four quarters, HP revenue totaled $71.3 billion. More information about HP is available at http://www.hp.com.
(1) IDC's Worldwide Quarterly Handheld Report, published Oct. 27, 2003.
© 2003 Hewlett-Packard Development Company, L.P.
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