HP headquarters in Palo Alto, California
January 1, 1939Hewlett-Packard) (as |
November 1, 2015(as HP Inc.)
|Headquarters||Palo Alto, California, United States|
|Revenue||US$52.056 billion (2017)|
|US$3.276 billion (2017)|
|US$2.526 billion (2017)|
|Total assets||US$32.913 billion (2017)|
|Total equity||-US$3.408 billion (2017)|
Number of employees
It was formed on November 1, 2015, renamed from the personal computer and printer divisions of the original Hewlett-Packard Company, with its enterprise products and services businesses becoming Hewlett Packard Enterprise. The split was structured so that Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a new publicly traded company. HP Inc. retains Hewlett-Packard's pre-2015 stock price history and its former stock ticker symbol, HPQ, while Hewlett Packard Enterprise trades under its own symbol, HPE.
In 2016, total revenue of US$48.238 billion included US$16.982 billion from the sale of notebook computers, US$9.956 billion from the sale of desktop computers, US$11.875 billion from the sale of printer supplies, US$5.131 billion from the sale of commercial printers, and US$1.254 billion from the sale of consumer printers.
Approximately 63% of revenue in 2016 came from outside of the United States.
In 2016, HP announced a focus on consumers who upgrade their computers frequently and spend more money on games and released the Omen brand of laptops and desktops. HP released the gamer-centric Omen line of laptops and desktops targeted at mid-range consumers.
- Hewlett Packard Enterprise
- HP Labs
- List of the largest information technology companies
- HP Inc 2016 Form 10-K Annual Report
- See company history section of HP Inc.'s information page at the NYSE Web site
- Darrow, Barb (30 October 2015). "Bye-bye HP, it's the end of an era". Fortune Magazine.
- Howley, Daniel (May 26, 2016). "HP debuts gaming PCs, hopes to turn fortunes around". Yahoo Tech. Retrieved May 30, 2016.
- Choudhury, Saheli Roy (2017-11-01). "HP now owns Samsung's printer business for $1.05 billion". CNBC. Retrieved 2017-12-27.