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Handheld Device Market Shriveling: Page 2 of 2

Palm's shipments declined 23.3 percent from its numbers in the previous year's quarter while Hewlett-Packard's market share dropped 30 percent. HP's top handheld products operate Windows 5.0. Dell Computer had the third highest market share percentage (9.7 percent) while Acer held the fourth position (7.5 percent.)

In the fifth place with 7.1 percent market share was Mio, which was the only handheld supplier that enjoyed an increase -- 84.4 percent.

"After nine consecutive quarters of year-over-year decline, many are wondering how long this trend will continue and whether the market will see a reverse," said Llamas.