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Holiday PC sales could jump 19%
Home computer sales are soaring compared with last year as people replace old PCs, report says.
December 10, 2003: 3:06 PM EST

NEW YORK (CNN/Money) - Home personal computer sales are rebounding as many users are choosing to replace their old PCs with new ones, according to a published report Wednesday.

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Holiday sales of personal computers could see a jump of 19 percent from the same period last year, after declining for three straight years, according to a study by industry watcher NPD Group, the Wall Street Journal reported.

Electronics and computer stores, as well as PC makers like Dell (DELL: down $0.93 to $32.53, Research, Estimates) and Hewlett-Packard (HPQ: down $0.06 to $21.90, Research, Estimates), have seen increasing sales since "Black Friday," the day after Thanksgiving, the report said.

Some retailers said that a probable double-digit increase over last year has been helped by the fact that sales were so slow at this time in 2002, the report said.

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They also said that added features -- such as storage space for digital photos and flat liquid-crystal-display monitors -- are boosting sales, the Journal said.

More expensive desktop and laptop computers are selling faster than the low-end models, according to the report.

Computer hardware stocks were mostly lower in later afternoon trading Wednesday.  Top of page




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