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AAPL Stock: 431.77 ( -0.23 )

http://www.macnn.com/articles/02/04/19/tech:.pc/

Tech: PC shipments, earnings, recovery

updated 10:55 am EDT, Fri April 19, 2002

 
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Morning tech news: Executives and analysts said they see small signs that the PC market may yet snap back a bit this year; Gateway met analyst expectations by posting a net loss of 39 cents a share, while Compaq posted a profit of $44 million (or $0.03 per share) on $7.7 billion in revenues; U.S. PC shipments grew in the first quarter by 2.3 percent to 11.1 million units, marking a turnaround after two consecutive quarters of contraction--Dell led the top four companies (Compaq, HP and IBM, respectively) with a 26.3 percent marketshare; and Microsoft profits rose nearly 12 percent for its fiscal third quarter, but the results missed Wall Street's expectations as it posted a net income of $2.74 billion (49 cents a share) due to several one-time charges.


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  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

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    04/19, 11:35am | report spam | Reply |

    Gateway...

    ...is going down down down.

  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

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    04/19, 12:32pm | report spam | Reply |

    11 million

    Wow, 11 million pcs shipped in one quarter, too bad apple can't sell a couple million every quarter.

  1. zaren

    Fresh-Faced Recruit

    Joined: Aug 2001

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    04/19, 12:41pm | report spam | Reply |

    Sad...

    "Gateway met analyst expectations by posting a net loss of 39 cents a share..."

    There's just something so wrong with that sentence... "Yep, we didn't disappoint you, we lost money!"

    -----
    Aww, fsck...

  1. primalman

    Fresh-Faced Recruit

    Joined: Dec 2001

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    04/19, 12:53pm | report spam | Reply |

    % share up for Apple!

    Apple shipped 813,000 macs in the quarter, whilel the PC industry as a whole shipped 11.1 million.

    If you do the math, Apple sold and shipped 7.3% of all PCs in Q2. It seems that Apple is on track in increasing marketshare.

    Any analysts or anyone pick up on this?

  1. MacNN.com Reader

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    04/19, 02:51pm | report spam | Reply |

    7.3%


    And we all know Apple makes a decent profit on each sale... unlike the PC manufacturers who sell at rock bottom margins...

  1. Noc

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    Joined: Jan 2002

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    04/19, 06:41pm | report spam | Reply |

    US Shipments

    It looks like the figures are for US PC companies. So companies like Sony, Toshiba, Fujitsu, etc probably weren't counted.

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