S&P sees slight decline in computer demand

Sep 15, 2005

Standard & Poor's said Thursday global computer demand is expected to remain strong but slow down somewhat compared to a year ago.

The New York-based credit-rating agency said in its report entitled "Three U.S. Investment Grade Computer Manufacturers" that the corporate strengths of Dell, Hewlett-Packard and IBM are likely to remain steady even as the U.S. economy hits a tough spot following the devastation of Hurricane Katrina.

Dell is ranked as A, while HP has a rating of A minus, and IBM scores the highest with an A plus.

"The difference in the ratings reflects our assessment of each company's business and financial profile. IBM, the strongest of the three credits, benefits from a strong business risk profile and minimal financial risk," stated credit analyst Martha Toll-Reed. "Dell and HP each have a solid business risk profile and modest financial risk. Despite a comparable level of risk in their business profiles, Dell and HP have significantly different business models and revenue composition. Although HP has greater revenue and product diversity, Dell's rating is one notch higher than HP, reflecting Dell's stronger revenue growth and market share gains, and relatively more predictable financial performance," she said.

Copyright 2005 by United Press International

Explore further: Audi to develop Tesla Model S all-electric rival

add to favorites email to friend print save as pdf

Related Stories

Choices: Closer look at 2 plans for Dell's future

Jul 18, 2013

Dell Inc. has delayed Thursday's vote on founder Michael Dell's plan to take the computer maker private. That's a sign the board needs more time to rally support. Activist investor Carl Icahn and the Southeastern ...

Icahn boosts offer for Dell

Jul 12, 2013

Corporate raider Carl Icahn and his allies boosted their offer for troubled US computer giant Dell, and repeated their call for shareholders to reject a $24.4 billion private equity buyout.

Icahn to seek court appraisal of $24.4B Dell deal

Jul 10, 2013

Billionaire investor Carl Icahn will ask a judge to assess the fairness of a proposed $24.4 billion acquisition of struggling personal computer maker Dell in his latest attempt to wrangle a higher price from a group of buyers ...

Advisory firm backs Dell buyout

Jul 08, 2013

A key shareholder advisory firm on Monday backed a $24.4 billion private equity buyout of Dell, giving a major boost to the plan led by founder Michael Dell to reorganize the struggling computer giant.

Recommended for you

Audi to develop Tesla Model S all-electric rival

9 hours ago

The Tesla Model S has a rival. Audi is to develop all-electric family car. This is to be a family car that will offer an all-electric range of 280 miles (450 kilometers), according to Auto Express, which ...

A green data center with an autonomous power supply

15 hours ago

A new data center in the United States is generating electricity for its servers entirely from renewable sources, converting biogas from a sewage treatment plant into electricity and water. Siemens implemented ...

After a data breach, it's consumers left holding the bag

15 hours ago

Shoppers have launched into the holiday buying season and retailers are looking forward to year-end sales that make up almost 20% of their annual receipts. But as you check out at a store or click "purchase" on your online shopping cart ...

Can we create an energy efficient Internet?

15 hours ago

With the number of Internet connected devices rapidly increasing, researchers from Melbourne are starting a new research program to reduce energy consumption of such devices.

Brain inspired data engineering

16 hours ago

What if next-generation ICT systems could be based on the brain's structure and its cognitive and adaptive processes? A groundbreaking paradigm of brain-inspired intelligent ICT architectures is being born.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.