Related topics: recession , hp
Hewlett-Packard
hideHewlett-Packard Company (NYSE: HPQ), commonly referred to as HP, is a technology corporation headquartered in Palo Alto, California, United States. HP has its United States offices at the former old Compaq Campus in unincorporated Harris County, Texas, Latin America offices in Miami-Dade County, Florida, U.S., Europe offices in Geneva, and Asia-Pacific offices in Singapore. HP is the largest technology company in the world and operates in nearly every country. HP specializes in developing and manufacturing computing, storage, and networking hardware, software and services. Major product lines include personal computing devices, enterprise servers, related storage devices, as well as a diverse range of printers and other imaging products. Other product lines, including electronic test equipment and systems, medical electronic equipment, solid state components and instrumentation for chemical analysis were spun off as Agilent Technologies in 1999.
HP markets its products to households, small to medium size businesses and enterprises both directly, via online distribution, consumer-electronics and office-supply retailers, software partners and major technology vendors.
HP posted US $91.7 billion in annual revenue in 2006 compared to US$91.4 billion for IBM, making it the world's largest technology vendor in terms of sales. In 2007 the revenue was $104 billion, making HP the first IT company in history to report revenues exceeding $100 billion. HP acquired EDS in 2008 to fill the gap in its technology services portfolio. With HP-EDS combined revenues of US$ 118.4 Billion in 2008 and a Fortune 500 ranking of 9 in 2009, HP retained its worlds largest technology company postion.
HP is the largest worldwide seller of personal computers, surpassing rival Dell, according to market research firms Gartner and IDC reported in January 2008; the gap between HP and Dell widened substantially at the end of 2007, with HP taking a near 3.9% market share lead. HP is also the 5th largest software company in the world. In 2008 HP retained its global leadership position in inkjet, laser, large format and multifuction printers market. Also HP become #2 globally in IT services as reported by IDC & Gartner. It is one of the only American PC-focused computer companies publicly traded under the NYSE.
For more information about Hewlett-Packard, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
News tagged with hewlett packard
Self-Programming Hybrid Memristor/Transistor Circuit Could Continue Moore's Law
Feb 26, 2009 |
4.5 / 5 (42) |
8
(PhysOrg.com) -- As researchers strive to increase the density and functionality of circuit elements onto computer chips, one newer option they have is a memory resistor (or “memristor”), the fourth passive ...
PCs shed pounds and CD drives, gain touch screens
Electronics / Consumer & Gadgets
Nov 01, 2009 |
4.4 / 5 (7) |
1
(AP) -- Personal computers are changing - and not just because of the recent launch of Windows 7. Visit an electronics store and you might also find laptops are missing a familiar component. You could experiment ...
HP, Amazon to sell paperback versions of e-books
Oct 21, 2009 |
4.5 / 5 (2) |
0
(AP) -- Some of technology's best-known companies are betting there's pent-up demand for on-demand books.
HP profits lower, to cut nearly 6,400 workers
May 19, 2009 |
not rated yet |
1
US computer giant Hewlett-Packard reported a 17-percent fall in quarterly net profit on Tuesday and said it plans to cut two percent of its workforce, or nearly 6,400 workers, over the next year.
HP profit jumps on cost cuts, new market expansion
Nov 23, 2009 |
not rated yet |
0
(AP) -- Hewlett-Packard Co.'s cost-cutting and push into new markets is helping soften the blow from weakness in the company's mainstay businesses.
HP's 3Com takeover marks a shot at Cisco
Nov 11, 2009 |
not rated yet |
0
(AP) -- Hewlett-Packard Co.'s $2.7 billion takeover of 3Com Corp. is a shot at networking leader Cisco Systems Inc. - and a sign of how old relationships are being frayed by a flurry of maneuvers by technology ...
HP offers 2010 outlook in line with estimates
Sep 24, 2009 |
1 / 5 (1) |
0
(AP) -- Hewlett-Packard Co. said Thursday that its revenue and profit in its next fiscal year should be in line with what analysts were expecting.
Oracle, Sun link up for new product; HP snubbed
Sep 16, 2009 |
not rated yet |
0
(AP) -- With the fate of its proposed $7.4 billion takeover of Sun Microsystems Inc. uncertain amid antitrust scrutiny, Oracle Corp. is moving ahead with a new product incorporating both companies' technology, and snubbing ...
Blu-ray drives seeing limited growth within PCs
Sep 02, 2009 |
3 / 5 (2) |
1
The sharp video quality of Blu-ray disc players, increases in the devices' technical capabilities and growth in the number of high-definition video titles has made the devices one of the most-popular consumer-electronics ...
Sluggish PC, ink sales hurt HP; results still beat
Aug 18, 2009 |
1 / 5 (1) |
0
(AP) -- Hewlett-Packard Co.'s 19 percent drop in quarterly profit shows that the company still relies heavily on printer ink and the troubled personal computer market, despite the aggressive transformation ...
Asia-Pacific computer sales rebound in Q2: report
Jul 20, 2009 |
not rated yet |
0
Personal computer sales in Asia ended two consecutive quarters of contraction to post robust growth in the second quarter of 2009, a report released Monday said.
HP chief cautious about return of pent-up demand
May 28, 2009 |
not rated yet |
0
(AP) -- While other big technology vendors have said they've seen demand bottom out and show signs of recovery, Hewlett-Packard Co. has stayed cautious, warning it's too soon to tell when its business will improve.
HP profit drops 17 pct; PC, ink sales stumble
May 19, 2009 |
not rated yet |
0
(AP) -- Hewlett-Packard Co.'s quarterly profit dropped 17 percent on lighter sales of personal computers and printer ink, two of its biggest sellers and a sign that the woes in consumer technology spending dragged on beyond ...
Hewlett Packard to create 500 jobs in Ireland
Mar 10, 2009 |
not rated yet |
0
US technology company Hewlett Packard is to create 500 jobs with an 18-million-euro (23-million-dollar) expansion of its global service desk operation in Leixlip, County Kildare southwest of Dublin, Prime ...
HP renames EDS, now HP Enterprise Services
Sep 23, 2009 |
1 / 5 (1) |
0
US computer giant Hewlett-Packard announced on Wednesday that business services titan EDS, which it acquired a year ago, has been renamed HP Enterprise Services.


