Hewlett Packard Inc - Statistics & Facts

Hewlett Packard Inc - Statistics & Facts

Statistics and facts about HP Inc

HP Inc is an American technology company that formed on November 1, 2015, following the break-up of its predecessor, Hewlett-Packard Company. Along with HP Inc, which now focuses on personal computers and printers, the other company that emerged out of the break-up was Hewlett Packard Enterprise (HPE), which is to handle software, servers, and storage. HP Inc's pedigree stretches back to 1935, when the parent company was founded in the garage of William Hewlett and David Packard. Initially producing a range of electronic test equipment, HP rose in the intervening years to become one of the leading manufacturers of personal computers worldwide, while also providing a wide range of servers, storage devices, and networking equipment, as well as a variety of IT services for both consumers and enterprises. Post-split, HP Inc remains a multi-billion dollar company that employs close to 300 thousand people worldwide.

Taking with it HP Co's personal computer segment, HP appears to have handled the separation without letting it impact on the company's market share. HP has consistently been a major player in the global PC market, maintaining a market share between 15 and 20 percent at least as far back as 2011. In addition to its success in the PC segment, the company also maintains a healthy market share in sales of consumer and commercial printer hardware, supplies, media and scanning devices. Both HP Inc and HPE will benefit going forward of Hewlett Packard's strong brand position, where the brand ranks as one of the most valuable brands worldwide.

Picture: Hewlett-Packard

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