25 November 2004 – New York (NY): The PC hardware industry in Q3 performed consistently with previous quarters in 2004, according to research from analyst group IDC.
Server sales in the quarter rose by 5.5 per cent to $11.5 billion, down from 6.9 per cent in Q2, the group disclosed, marking the sixth consecutive quarter of positive overall revenue growth.
"IT spending remained strong overall in the third quarter as customers continued to refresh and expand their IT infrastructures," said Matt Eastwood, programme director of Global Enterprise Server Solutions at IDC.
IBM remained number one in the sector in terms of revenue with 31.7 per cent market share, according to Standard and Poor’s (S&P) Equity Research.
S&P added "IBM also gained share year-over-year, as did Dell, which tied for third with Sun Microsystems. Sun and number two supplier Hewlett-Packard lost share."