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HP's first quarter fiscal 2024 net revenue was $13.2 billion, representing a 4.4% decrease (4.9% in constant currency) year-over-year. [29] [30] HP's strong operating activities in the first quarter of fiscal 2024 generated $121 million in net cash. The company also reported a positive free cash flow of $25 million for the quarter.
I recently needed to replace the ink on my HP inkjet printer. Four little name-brand HP cartridges of yellow, blue, red and black cost me $123. Ounce for ounce, that's more than the price of Dom ...
All-in-one inkjet printers from HP under the DeskJet brand have also been produced, starting with the HP DeskJet F380 printer/scanner/copier, introduced in 2006, using HP Vivera ink, which offered print speeds of up to 20 ppm in black-and-white, and 14 ppm in color. HP continues to sell various printers under the DeskJet moniker.
Following HP's acquisition of Compaq in 2002, this series of notebooks was discontinued, replaced with the HP Pavilion, HP Compaq, and Compaq Presario notebooks. The OmniBook name would later be repurposed for a line of consumer-oriented notebooks in 2024, replacing the old Pavilion and Spectre series of notebooks.
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On December 31, 2013, HP revised the number of jobs cut from 29,000 to 34,000 up to October 2014. The number of jobs cut until the end of 2013 was 24,600. [94] [95] [96] At the end of 2013 the company had 317,500 employees. On May 22, 2014, HP announced it would cut a further 11,000 to 16,000 jobs, in addition to the 34,000 announced in 2013.
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