Menu
HP sees PC sales jump in China

HP sees PC sales jump in China

Sales increased 40 percent over the same period last year

China was a bright spot for Hewlett-Packard during the company's fiscal fourth quarter, with overall sales in the country up 20 percent over the previous year. But the company's Personal Systems Group, which sells PCs, performed even better.

"On a year-over-year basis, China delivered the strongest performance with over 40 percent revenue growth," Cathie Lesjak, an executive vice president and chief financial officer at HP, told financial analysts during a conference call Monday, according to a transcript of her remarks.

Lesjak did not put a dollar figure on the company's PC sales in China during the period.

China is a key market for PC vendors both because of its size and the sustained high growth of its PC market in recent years. In addition, Chinese PC demand has remained relatively strong, even as sales faltered in other markets during the economic downturn.

However, HP's strong performance in China wasn't enough to offset weaker demand elsewhere. Overall revenue for the Personal Systems Group fell 12 percent as unit shipments rose 8 percent compared to same period last year. That rise in unit shipments was driven by laptops, which increased 17 percent while desktop shipments fell by 3 percent, she said.

Laptops accounted for 59 percent of the Personal Systems Group's sales. Desktops represented 35 percent of sales , with the balance coming from sales of workstations and other products.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

Meet the leading customer-centric Microsoft channel partners

Meet the leading customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the leading customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments