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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 ...
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. [27] [28] 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.
HP Essential was a trademark used by Hewlett-Packard (later HP Inc.) to denote their entry-level, inexpensive laptops using the Microsoft Windows operating system, produced from 2009 to 2024. Products under the "Essential" moniker include the HP Laptop series [ 1 ] and HP Notebook series, as well as products simply branded as "HP".
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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 Omen (also known as sometimes simply Omen) is a line of high-end gaming PCs, laptops and peripherals manufactured by HP Inc. The name comes from the former VoodooPC's line of desktops that was inherited by HP. HP also offer a lower line of gaming computers called Victus, which replaced the Pavilion Gaming in 2021. [1]
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