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HP tops the Middle East mobile and desktop market
- United Arab Emirates: Monday, November 29 - 2004 at 13:48
- PRESS RELEASE
HP has once again ranked first place in the desktop and mobile market in the Middle East.
According to Canalys, HP also stole the limelight in the handheld space - pulling in at over 45.3% market share for Q304 figures for the Middle East and Africa. The year on year growth from Q303 to Q304 was an impressive 55%.
In the Kingdom of Saudi Arabia, HP had the lion share of the desktop and mobile space ranking at 23.5% market share. In the desktop space, HP achieved a 26% market share, marking almost double that of the next runner-up.
Speaking at a press briefing held today in Dubai, Christoph Schell, Solutions Partner Organisation Manager (ISE) and General Manager, Personal Systems Group, HP Middle East said, "The IDC and Canalys report figures say it all.
HP's leadership in the region is testimony to our commitment to delivering cutting-edge solutions to the Enterprise, SMB and Consumer segments. HP has also captured the PDA market and is now an active player in the mobile phone industry. By introducing our new line of quadriband GPRS handhelds, namely the HP iPAQ h6340 portfolio, we are now a force to watch out for in the mobile phone arena. "
"Our figures across the region are impressive. In the United Arab Emirates, HP continues to lead the market across all form factors. Our market share for Q304 was 32% in the desktop space and 25.5% in the mobile space," Schell added.
Earnings in Egypt also landed HP in the number one position. HP hit the spot with a 28.7% market share in the mobile market and a 12.3% share in the desktop and mobile space.
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About HPHP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended Oct. 31, 2004, HP revenue totalled $79.9 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at www.hp.com.
About HP Middle East
HP is the largest IT company in the Middle East employing about 500 professionals in the region. HP has been present in the Middle East since 1968, and opened its first regional office in 1994 and has offices in Dubai, Abu Dhabi, Riyadh, Jeddah and Khobar, Cairo and Ramallah servicing the GCC, the Levant and Egypt. For more information about HP in the Middle East, please visit www.hp.com/me.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the market for the sale of certain products and services may not develop as expected; that development and performance of these products and services may not proceed as planned; and other risks that are described from time to time in HP's Quarterly Report on Form 10-Q for the period ended Jan. 31, 2004, and HP's other Securities and Exchange Commission reports filed after HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2003. HP assumes no obligation and does not intend to update these forward-looking statements.
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Posted by Anne-Birte Stensgaard, Senior News Editor
