Results from both analyst firms for the period mark Q3 2006 as at least the third consecutive quarter that HP has grown faster worldwide than the global market, while HP also reported record revenue and operating margins for its Personal Systems Group in the fiscal third quarter.

“We are delighted to have reclaimed the No. 1 share position in a period where we also achieved profitability and revenue milestones for the business,” said Todd Bradley, executive vice-president, Personal Systems Group, HP. “HP has balanced strength across the consumer and business segments in countries around the world and the broadest selection of personal technology and support to address the work, entertainment or mobile preferences of any customer.”

According to the IDC Worldwide Quarterly PC Tracker, while the worldwide PC market for the third quarter of 2006 grew at 7.9 per cent, HP’s third calendar quarter worldwide PC shipments grew at a rate of 15.1 per cent to 17.2 per cent market share, nearly twice as fast as the worldwide market.

Gartner’s Top 5 Preliminary PC Market Results for the third quarter of 2006 also show HP in the No. 1 position at 16.3 per cent market share, 0.2 percentage points ahead of its nearest competitor.

The positive market share results come on the heels of other recent news from the HP Personal Systems Group. On 6 September, HP launched more than 15 business desktop, notebook, workstation and display products, services and solutions – www.hp.com/go/takincareofbusiness.