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HP operate their business desktops on minimum 12-month product cycle. Their product line mainly competes with Dell OptiPlex , Acer Veriton , and Lenovo ThinkCentre . HP's market share for their business line of desktops in 2010 was estimated to be 18.7 percent in 2022.
HP was the world's leading PC manufacturer from 2007 until the second quarter of 2013, when Lenovo moved ahead of HP. [3] [4] [5] HP specialized in developing and manufacturing computing, data storage, and networking hardware; designing software; and delivering services. Major product lines included personal computing devices, enterprise and ...
Arm Ltd. (sells designs only) Amazon (AWS Graviton is ARM-based); Apple Inc. (ARM-based CPUs) Broadcom Inc. (ARM-based, e.g. for Raspberry Pi) Fujitsu (its ARM-based CPU used in top supercomputer, still also sells its SPARC-based servers)
HP Inc. is an American multinational information technology company headquartered in Palo Alto, California, United States. The company has subsidiaries based in countries across the world, with many of them being companies previously acquired by HP.
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.
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.
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