1 - 15 August, 2003

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Bleak Outlook for Handheld Market

According to figures released by the International Data Corp, shipments of handhelds has declined by 5.8% in the 2002 third quarter compared to a year ago, and were down 6.9% from the second quarter.

According to the IDC figures, 2.44 million handheld computers were sold worldwide in the third quarter, down from 2.59 million in the same period a year ago, and down from 2.62 million in the 2002 second quarter.

Palm Inc. kept the top spot as the market leader having shipped 824,000 units in the third quarter. It grabbed a 33.8% share lead. In the same period a year ago, Palm shipped 753,000 units.

Hewlett-Packard Co. shipped 290,000 handheld units in the third quarter and had a 11.9% market share. That was down from 320,000 devices and a 12.4% share in the same period a year ago.

Toshiba Corp. (J.TOS) and Casio Computer Co. (J.CAS) took the number four and five spots respectively, according to the IDC data. Toshiba had a 4.3% market share in the third quarter by shipping 103,700 handhelds. Casio shipped 100,000 devices and had a 4.1% share. In the same period last year, neither company was in the top five.

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