Compaq marketing vice president Enrico Pesatori is sticking by his controversial comments, made earlier this year, that the company had seen lower than expected PC demand in January.
Pesatori had made the comments at a closed analyst briefing in the third week of February but no official statement was made. After the news leaked out, Compaq then refused to elaborate, causing a storm of criticism and even a lawsuit from angry shareholders.
Speaking to VNU Newswire at the Cebit trade fair in Hannover today, Pesatori said he stood by his earlier statements, although he was unable to comment further with Compaq in its quiet period in the run up to its second quarter results.
He did say that he expected the PC market as a whole would experience a slow down later this year, in the run up to 2000.
"There is no question that there will be some effect in terms of the economy, and it would be foolish to think that the PC sector will be immune to this," he said.
Analysts have given mixed reports on Compaq's recent performance, noting the positive financial contribution from the Digital acquisition, but also the damage to Compaq's market share from Dell's continuing growth.
For more Cebit coverage in text and audio click here.
And, yep, it'll run Android rather than RiscOS
US engineering giant's cost-cutting outsourcing plan is on the rocks, according to insiders
HP Envy X2 laptop only affordable if you've got loadsamoney
Counterfeit code-signing certificates enabling hackers to hide malware being sold by cyber criminals
Certificates can be used as part of layered obfuscation to evade detection by anti-virus software