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HP Numbers Drag Down PDA Industry.(INTERNET & TECHNOLOGY)

Investor's Business Daily

| November 01, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: PATRICK SEITZ

The handheld computer market didn't stabilize last quarter as initially thought.

Instead of growing at an anemic 0.9%, worldwide unit shipments actually fell 2.4% year over year, according to revised figures from researcher Gartner Dataquest Inc.

The reason for the discrepancy? Gartner says earlier figures it received from Hewlett-Packard Co. were wrong. HP has since lowered its worldwide shipment numbers by 89,000 units, or 23% less than first reported.

Now, instead of being the No. 2 seller of personal ...

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