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The
Hewlett-Packard Company (NYSE: HPQ), commonly referred to as
HP, is an American information technology corporation,
specializing in personal computers, notebook computers,
servers, printers, digital cameras, and calculators, network
management software, among other technology related
products.
Headquartered in Palo Alto, California, United States, it
has a global presence in the fields of computing, printing,
and digital imaging, and also provides software and
services. The company, which once catered primarily to
engineering and medical markets—a line of business it spun
off as Agilent Technologies in 1999—now markets to
households and small business products such as printers,
cameras and ink cartridges found in grocery and department
stores.
HP posted US $91.7 billion in annual revenue in 2006
compared to US$91.4 billion for IBM, making it the world's
largest technology vendor in terms of sales. In 2007 the
revenue was $104 billion, making HP the first IT company in
history to report revenues exceeding $100 billion.
HP is the largest worldwide seller of personal computers,
surpassing rival Dell, according to market research firms
Gartner and IDC reported in January 2008; the gap between HP
and Dell widened substantially at the end of 2007, with HP
taking a near 3.9% market share lead. |
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