PC Shipments Rocket Higher in Q4

|
 |  Includes: AAPL, AMD, DELL, HPQ, INTC, LNVGY
by: The Good News Economist

Notebook computers led PC shipments to the strongest quarter in more than a year, said research firm IDC on Wednesday. Shipments in the U.S. were up 24% from a year earlier and Worldwide PC shipments increased 15% from Q4 of 2008.

IDC saw pent-up demand for new computers in a reviving U.S. economy along with year over year comparisons with a much weaker quarter as the recession deepened in late 2008.

"The U.S. market exploded," said IDC analyst David Daoud

You'll remember it was Intel (NASDAQ:INTC) that predicted in June last year that 2009 Q4 growth would be anything but lackluster.