Hewlett-Packard
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Hewlett-Packard Company
Type Public (NYSE: HPQ)
Founded Palo Alto, California (1939)
Founder(s) Bill Hewlett, Co-founder
David Packard, Co-founder
Headquarters Palo Alto, CA, USA
Area served Worldwide
Key people Mark V. Hurd
(Chairman), (CEO) & (President)
Industry Computer Systems
Computer Peripherals
Computer Software
Consulting
IT Services
Products Computer Monitors
Digital Cameras
Indigo Digital Press
Networking
Personal Computers and Laptops
Personal Digital Assistants
Printers
Scanners
Servers
Storage
Televisions
List of HP products
Market cap US$ 84.13 billion (2009)[1]
Revenue ▲ US$ 118.364 billion (2008)
Operating income ▲ US$ 10.473 billion (2008)
Net income ▲ US$ 10.473 billion (2008)
Total assets ▲ US$ 113.331 billion (2008)
Total equity ▲ US$ 38.942 billion (2008)
Employees 321,000 (2008)[2]
Divisions Compaq
Snapfish
HP Labs
ProCurve
EDS
Website HP.com
The Hewlett-Packard Company (NYSE: HPQ), commonly referred to as HP, is a technology corporation headquartered in Palo Alto, California, United States. 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[3] 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,[4] making HP the first IT company in history to report revenues exceeding $100 billion.[5]
HP is the largest worldwide seller of personal computers, surpassing rival Dell, according to market research firms Gartner and IDC reported in January 2008;[6] 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.[7] It is one the only American PC-focused computer companies publicly traded under the New York Stock Exchange.
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