Compaq's Q1 sales up 42%

Compaq has reported its sales rose 42% during the first quarter.

Worldwide sales totalled US$4.2 billion for the first quarter ended March 31, 1996, compared with US$3 billion in the first quarter of 1995, the company has announced.

Net income was US$234 million versus US$216 million for the same period last year.

Compaq's first quarter sales were strong in all regions, with North America increasing 56%, Europe 27%, Asia-Pacific 31%, Latin America 84%, and Japan 17%, the company says.

Compaq can be reached on the World Wide Web at http://www.compaq.com.

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