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Apple, Sun & Gateway among tech \'losers\'
A Reuters article groups Apple with Gateway and Sun as one of the technology industry's "losers" last quarter. "After two years of a global decline in technology spending, the field is increasingly split between winners and losers," the article says. Brent Bracelin, an analyst at Pacific Crest Securities said Apple is among the "laggards," while Dell, Hewlett-Packard, and IBM are thriving. Cited is Apple's "2 percent share of the global personal computer market," and slipping PowerMac sales. "We believe the decline also reflects a migration away from the Mac by many professional customers," said Merrill Lynch analyst Richard Gardner.
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