HP Inc.
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HP headquarters in Palo Alto, California
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| Public | |
| Traded as | |
| Industry | Information technology |
| Predecessor | Hewlett-Packard |
| Founded | November 1, 2015 |
| Headquarters | Palo Alto, California, United States |
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Area served
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Worldwide |
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Key people
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| Revenue | US$ 57.3 Billion |
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Number of employees
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50,000 (2014) |
| Website | www |
HP Inc. (also known simply as HP and stylized as hp) is an American technology company, created on November 1, 2015 as one of two successors of Hewlett-Packard, the other being Hewlett Packard Enterprise.[1] HP develops and provides hardware, such as personal computers and printers.[1] It is the legal successor of the old Hewlett-Packard. 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 stock price history, as well as its NYSE ticker symbol of HPQ (whereas Hewlett Packard Enterprise uses a new ticker, HPE).[2] HP is now focusing on consumers who improve their computers frequently and spend more money on games.[3] They released the gamer-centric Omen line of laptops and desktops targeted at mid-range consumers with an Omen X line to debut later in 2016.[3]
HP Inc. is the larger successor of Hewlett-Packard in terms of revenue. It recorded US$57.3 billion in revenue in 2014, compared with Hewlett Packard Enterprise's US$53 billion. 50,000 employees will work at HP Inc., and Dion Weisler has been announced as CEO of the new company created as a result of the Hewlett-Packard Co. separation.[4]
See also[edit]
References[edit]
- ^ a b Darrow, Barb (30 October 2015). "Bye-bye HP, it's the end of an era". Fortune. Retrieved 1 November 2015.
- ^ See company history section of HP Inc.'s information page at the NYSE Web site
- ^ a b Howley, Daniel (May 26, 2016). "HP debuts gaming PCs, hopes to turn fortunes around". Yahoo Tech. Retrieved May 30, 2016.
- ^ "Hewlett-Packard details how it's going to split into two companies". Fortune. 2015-07-01. Retrieved 2015-11-02.
External links[edit]
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- Business data for HP Inc.: Google Finance
- Yahoo! Finance
- Reuters
- SEC filings
- HP Customer Support
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- Hewlett-Packard
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