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Harvey Norman struggles to stem PC sales slide

Harvey Norman struggles to stem PC sales slide

In its quarterly announcement to the stock exchange, Harvey Norman announced this week that computer sales for the quarter ending September 2001 had dropped 7 per cent on the same period last year.

The retail giant reported a total revenue across all divisions of $630 million, a 5.5 per cent growth in revenue compared to the same period last year.

According to the company, the decrease in computer product orders was caused by the worldwide decline in computer hardware sales. The overall sales result was nevertheless pleasing, the company said, considering the difficult trading conditions in the marketplace.

Harvey Norman's computer division was the company's only line of business that saw a drop in sales.


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