3Com Q2 sales up 29 per cent

Surprise, surprise...

3Com has posted profits of $132.9 million on sales of $1.54 billion for its second quarter of fiscal 1999, ended 27 November, a rise of ten per cent on Q1's sales and 29 per cent on the same period last year. The company saw particularly strong growth in network access products, including modems (courtesy of its acquisition of USR) and network interface cards. Sales of these products grew some 33 per cent and generated revenue to the tune of $795.8 million. Systems products made $744.7 million, an increase of 25 per cent on last year's Q2 figure. ®

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