Formerly called Hewlett-Packard Industry Information technology Area served Worldwide Number of employees 49,000 Founded 1 November 2015 | Type Public company Predecessor Hewlett-Packard Revenue 48.24 billion USD (2016) Founder David Packard Parent organization Hewlett-Packard | |
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Traded as NYSE: HPQ
S&P 500 Component CEO Dion Weisler (1 Nov 2015–) Headquarters Palo Alto, California, United States | ||
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HP Inc. (also known simply as HP and stylized as hp) is an American technology company. HP is the legal successor of Hewlett-Packard, after the corporate spin-off of Hewlett Packard Enterprise on November 11, 2015.
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Current operations
HP develops personal computers (PCs) as well as printers and related supplies.
In 2016, total revenue of US$48.238 billion included US$16.982 billion from the sale of desktop computers, US$9.956 billion from the sale of notebook 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.