HP Inc.
 | |
 HP headquarters in Palo Alto, California | |
| Company type | Public |
|---|---|
| Industry | Information technology |
| Predecessor | Hewlett-Packard |
| Founded | January 1, 1939 (as Hewlett-Packard) November 1, 2015[1](as HP Inc.) |
| Founder | [1] |
| Headquarters | , |
Area served | Worldwide |
Key people |
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| Products | |
| 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 | 55,000 (2018) |
| Website | www |
37°24′40″N 122°08′52″W / 37.4111842°N 122.1476929°W
HP Inc. (also known as HP and stylized as hp) is an American technology company which develops personal computers (PCs), printers and related supplies, as well as 3D Printing solutions.
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.[2][3]
Current operations
HP develops personal computers (PCs), printers and related supplies, as well as 3D Printing solutions.[3][1]
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.[1]
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.[4] HP released the gamer-centric Omen line of laptops and desktops targeted at mid-range consumers.[4]
In November 2017, HP acquired Samsung Electronics' printer division.[5]
See also
- Hewlett-Packard
- Hewlett Packard Enterprise
- HP Labs
- List of the largest information technology companies
References
- ^ a b c d HP Inc 2016 Form 10-K Annual Report
- ^ See company history section of HP Inc.'s information page at the NYSE Web site
- ^ a b Darrow, Barb (October 30, 2015). "Bye-bye HP, it's the end of an era". Fortune Magazine.
- ^ a b Howley, Daniel (May 26, 2016). "HP debuts gaming PCs, hopes to turn fortunes around". Yahoo Tech. Retrieved May 30, 2016.
- ^ Choudhury, Saheli Roy (November 1, 2017). "HP now owns Samsung's printer business for $1.05 billion". CNBC. Retrieved December 27, 2017.
External links
- Business data for HP Inc.:
- HP Store
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- Hewlett-Packard
- 2015 establishments in California
- American companies established in 2015
- Companies based in Palo Alto, California
- Companies listed on the New York Stock Exchange
- Computer companies of the United States
- Computer hardware companies
- Display technology companies
- Manufacturing companies based in California
- Multinational companies headquartered in the United States
- Netbook manufacturers
- Technology companies based in the San Francisco Bay Area
- Technology companies established in 2015