For Immediate Release
Chicago, IL – December 3, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: IBM (IBM), Hewlett-Packard (HPQ), Dell Inc. (DELL), Sun Microsystems Inc (JAVA) and Oracle Corporation (ORCL).
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Here are highlights from Wednesday’s Analyst Blog:
Server Sales Declining
Third quarter server sales show a steep decline. The company also stated that the market has stabilized and is in a revival phase. For the 2009 July-September quarter, factory revenue of the worldwide server market declined 17.3% to $10.4 billion.
Among the major server manufacturers, IBM (IBM) is the best performer for the quarter. The company increased its revenue market share to 31.8%, although sales declined by 12.9% to $3.3 billion. Hewlett-Packard (HPQ) was second despite the 16.8% revenue decline, increasing its market share marginally to 30.9%. Dell Inc. (DELL), with a market share of 13.5% secured the third position, although the company witnessed a revenue decline of 6.8%.
Sun Microsystems Inc (JAVA) occupies the fourth place but continues to struggle as a result of the prolonged delay in its takeover by Oracle Corporation (ORCL). As per the findings of the research firm, both IBM and DELL are slowly taking away marketshare from Sun.
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