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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.
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard (/ ˈ h juː l ɪ t ˈ p æ k ər d / HEW-lit PAK-ərd) or HP, was an American multinational information technology company headquartered in Palo Alto, California.
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.
The vast majority of laptops on the market are manufactured by a small handful of Taiwan-based original design manufacturers (ODM), although their production bases are located mostly in mainland China. Quanta Computer pioneered the contract manufacturing of laptops in 1988.
The global market leader has been Lenovo in every year since 2013, followed by HP and Dell. Previously, Compaq was the global market leader in the late 1990s until the year 2000, while HP and Dell shared market leadership in the 2000s. For data about PC vendors' market shares in laptop computers specifically, see Laptop#Historic market share.
In 2014, HP returned to the acquisition market by acquiring computer networking software company Shunra. On October 6, 2014, HP announced that it would split into two companies, Hewlett Packard Enterprise and HP Inc. The former focuses on enterprise infrastructure hardware, software and services, whilst the latter focuses on consumer markets ...
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
An HP Compaq laptop. In 2009, HP sold part of Compaq's former headquarters to the Lone Star College System. [134] On August 18, 2011, then-CEO of HP Léo Apotheker announced plans for a partial or full spinoff of the Personal Systems Group. The PC unit had the lowest profit margin although it accounted for nearly a third of HP's overall ...