Report: Orders For Computer Hardware Improve In Late 2003 - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Business & Finance
News
12/24/2003
02:39 PM
50%
50%

Report: Orders For Computer Hardware Improve In Late 2003

Orders for tech hardware rose 23.7% in September compared with the previous year.

Technology manufacturers may be in for a happier new year if late 2003 trends continue into 2004. In a research report issued Wednesday, Merrill Lynch analyst Steve Milunovich says computer hardware orders--including PCs, servers, and telecom gear--are "positive and accelerating year over year." Orders for tech hardware rose 23.7% in September compared with the previous year, and grew 27.3% in October and 11.9% in November.

Actual shipments in those months grew 8.2%, 10.7%, and 9.9%, respectively. In November 2002, orders for technology hardware declined 6.1% compared with November 2001.

Book-to-bill numbers--a ratio that measures product demand in an industry by comparing orders received by manufacturers to products shipped--are also improving. Higher numbers indicate stronger demand. Book-to-bill for technology hardware in November was 1, compared with 0.97 the previous year. Book-to-bill in October was 1.11 and 1.1 in September.

November's orders, shipments, and book-to-bill ratios are weaker than those recorded in September and October, but Milunovich notes in his report that November tends to be the weakest month.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
The State of Cloud Computing - Fall 2020
The State of Cloud Computing - Fall 2020
Download this report to compare how cloud usage and spending patterns have changed in 2020, and how respondents think they'll evolve over the next two years.
Commentary
2021 Outlook: Tackling Cloud Transformation Choices
Joao-Pierre S. Ruth, Senior Writer,  1/4/2021
News
Enterprise IT Leaders Face Two Paths to AI
Jessica Davis, Senior Editor, Enterprise Apps,  12/23/2020
Slideshows
10 IT Trends to Watch for in 2021
Cynthia Harvey, Freelance Journalist, InformationWeek,  12/22/2020
Register for InformationWeek Newsletters
Video
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll