HP laptop shipments impacted by European debt crisis

Posted on Monday, June 07 2010 @ 16:16 CEST by Thomas De Maesschalck
DigiTimes reports HP's May 2010 laptop shipments hit only 2.6-2.7 million units, significantly less than the company's original expectation of 3.2-3.4 million units. The site notes European notebook shipments were impacted due to the bond crisis in the region, and that demand from Chinese consumers was weakened because of complaints about faulty PCs.
Since HP shipped over nine million notebooks in the first quarter and the company's combined shipments in April (2.8-3 million units) and May were only 5.4-5.7 million units, the company will need to ship at least 3.3 million in June to stay flat on quarter. The unsatisfactory performance could also impact HP's annual shipment goal of 45 million units for 2010, the market watchers noted.

However, some market watchers believe postponed demand from the second quarter will spur HP's shipments in the third quarter and bring up overall performance in the second half.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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