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SAN FRANCISCO (AP) - Hewlett-Packard Co. continued to steal a major slice of the personal computer market from struggling rival Dell Inc. in the first quarter and analysts said HP still has room to grow.
HP said revenue from laptop sales jumped 40 percent in the quarter compared with the same period a year ago. At the same time, revenue from desktop computer sales dropped 1 percent as their portable counterparts become increasingly pervasive.
Analysts said the surging laptop sales indicated HP was making aggressive market-share gains at Dell's expense in a fast-growing industry segment and has enough momentum to extend its expansion.
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