Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
HP reports fourth quarter 2003 results: iPAQ grew 100% year-over-year
Posted on 25-Nov-2003 23:29 | Filed under: News

Personal Systems revenue totalled US$6.0 billion in the quarter, up 19% year-over-year and 21% sequentially. Units increased 35% year-over-year, fueled by notebook growth of 53% and desktop growth of 23%. HP widened its lead in the notebook market with year-over-year unit growth of 60% in the third calendar quarter, growing at almost twice market rates and 18 percentage points faster than the nearest competitor. Over the past four calendar quarters, HP increased its share of the total worldwide PC market by almost 2 percentage points.

In the same period, HP's iPAQ series of handhelds grew 100% year-over-year, and gained 6.9 percentage points of share sequentially.

Personal Systems reported an operating profit of $21 million in the quarter, compared to an operating loss of $68 million in the prior year period and an operating loss of $56 million in the third quarter. The Personal Systems business was profitable for the year, with operating profit increasing $391 million on a full-year combined company basis, reflecting supply chain savings and expense discipline.


More information: http://www.hp.com/hpinfo/investor/financials/...
Trending now »

Hot discussions in our forums right now:

Transferring domain in to MetaName
Created by tardtasticx, last reply by timbee on 19-Oct-2018 23:02 (13 replies)

IPCC climate report
Created by Rikkitic, last reply by SaltyNZ on 19-Oct-2018 18:08 (98 replies)
Pages... 5 6 7


Strange Availability behaviour - Fixed Broadband
Created by graham007, last reply by quickymart on 18-Oct-2018 21:02 (12 replies)

Sky TV sale possible?
Created by MikeB4, last reply by quickymart on 18-Oct-2018 21:08 (33 replies)
Pages... 2 3


Official driver just killed pc
Created by Rikkitic, last reply by Rikkitic on 19-Oct-2018 20:13 (10 replies)

New Carry on Luggage Recommendation
Created by networkn, last reply by MikeAqua on 19-Oct-2018 10:47 (64 replies)
Pages... 3 4 5


VDSL outage unresolved for a week. Very frustrating.
Created by josephhinvest, last reply by josephhinvest on 22-Oct-2018 17:15 (9 replies)

Watches
Created by Geektastic, last reply by mclean on 19-Oct-2018 13:28 (36 replies)
Pages... 2 3