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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.
This move enabled HP to enter the plotter market, the precursor to its leading role in the printer business. [4] In 1989, HP purchased Apollo Computer for US$476 million, [5] [6] enabling HP to become the largest supplier of computer workstations. [5] In 1995, the company bought another computer manufacturer, Convex Computer, for $150 million. [7]
In fiscal year 2023, total revenue of US$54 billion included US$24.7 billion from the sale of notebook computers, US$10.9 billion from the sale of desktop computers, US$11.4 billion from the sale of printer supplies, US$4.2 billion from the sale of commercial printers, and US$2.4 billion from the sale of consumer printers.
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.
HP's stock dropped by about a further 40% after the company abruptly announced a number of decisions: to discontinue its webOS device business (mobile phones and tablet computers), the intent to sell its personal computer division (at the time HP was the largest personal computer manufacturer in the world), and to acquire British big data ...
The 14-inch model is on sale too, at $1,499.99 — $250 off. For You: 7 Aldi Fan Favorites That the Middle Class Needs To Buy This Fall MSI Aegis R2 Gaming Desktop
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