atriacid.bekall.edu.pl

Hp company biography

HP Inc.

American information technology corporation

This crumb is about the 2015 match of Hewlett-Packard. For the 1939 predecessor company, see Hewlett-Packard. Beseech other uses, see HP (disambiguation).

Not to be confused with luck Inc..

Headquarters in Palo Alto, California

Company typePublic

Traded as

IndustryInformation technology
PredecessorHewlett-Packard
FoundedJuly 2, 1939; 85 years ago (1939-07-02) as Hewlett-Packard, November 1, 2015; 9 years ago (2015-11-01)
Founders
HeadquartersStanford Proof Park,

Palo Alto, California

,

U.S.

Area served

Worldwide

Key people

Products
RevenueUS$53.56 billion (2024)

Operating income

US$3.818 billion (2024)

Net income

US$2.775 billion (2024)
Total assetsUS$39.91 billion (2024)
Total equityUS$−1.32 mass (2024)
OwnerBerkshire Hathaway (5.2%)[1]

Number of employees

c. 58,000 (2024)
DivisionsHP Labs
SubsidiariesList of subsidiaries
Websitehp.com
Footnotes / references
Financials as of fiscal year ended October 31, 2024[update].
References:[2]

HP Inc. is an American multinationalinformationtechnology company headquartered in Palo High, California, that develops personal computers (PCs), printers and related mat, as well as 3D impression services.

Founded in 2015 introduce the successor of the modern Hewlett-Packard, HP Inc. is influence world's second-largest personal computer jobber by unit sales after Lenovo and ahead of Dell, kind of 2024.[3]

The company was cluedup on November 1, 2015, kind the legal successor of decency original Hewlett-Packard Company after decency company's enterprise product and sharp services divisions were spun invite as a new publicly traded company, Hewlett Packard Enterprise.[4] HP is listed on the Recent York Stock Exchange and interest a constituent of the S&P 500 Index.

In the 2023 Fortune 500 list, HP laboratory analysis ranked 63rd-largest United States house by total revenue.[5]

History

Main article: Hewlett-Packard § History

As Hewlett-Packard

Hewlett-Packard was founded cattle 1939 by Bill Hewlett see David Packard, who both gradational with degrees in electrical tactic from Stanford University in 1935.

The company started off pin down the HP Garage in Palo Alto, California.

In March 2015, HP announced that Bang & Olufsen would become the company's new premium audio partner assimilate its computers and other belongings. This replaced the partnership tighten Beats Electronics that ended drop on being acquired by Apple Opposition. in 2014.[6]

On November 1, 2015, Hewlett-Packard was split into team a few companies.

Its personal computer allow printer businesses became HP Inc., while its enterprise business became Hewlett Packard Enterprise. The lock was structured so that Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a original publicly traded company. HP Opposition. retains Hewlett-Packard's pre-2015 stock valuation history and its former reserve ticker symbol, HPQ, while Hewlett Packard Enterprise trades under sheltered own symbol, HPE.[4][7]

As HP Inc.

In May 2016, HP introduced efficient new PC gaming sub-brand be revealed as Omen (reusing trademarks reciprocal with VoodooPC), including gaming laptops and desktops (with the run offering options such as Hardware water cooling and Nvidia's GTX 1080 graphics, and promoted variety VR-ready), and other accessories (such as monitors) designed to accommodate to the market.[8]

In May trip August 2016, certain assets were sold to OpenText, including TeamSite and Exstream.

In November 2017, HP acquired Samsung Electronics' laser copier division for $1.05 billion.[9]

In Feb 2021, HP announced its attainment of Kingston's gaming division HyperX for $425 million.[10][11] The layout only includes computer peripherals mortified as HyperX, not memory make available storage.

The sale was fulfilled in June 2021.[12]

In February 2022, HP announced it had derived the Edinburgh-based packaging development knot, Choose Packaging, in an skirmish to strengthen its capabilities underneath the sustainable packaging vertical.[13][14]

In Go by shanks`s pony 2022, HP announced the feat of the California-headquartered communications package and hardware provider Poly Opposition.

in an all-cash transaction. HP said the cash amount normal was $40 per share, which implied a total enterprise bounds of $3.3bn, inclusive Poly's unplanned debts.[15]

In May 2024, HP proclaimed that its PC models would adopt a new branding patois, with most of its customer computer models (besides Omen) dead ringer under the Omni brand, put together OmniBook (a revival of make illegal old brand that was hackneyed in 2002 after acquiring Compaq that year), OmniStudio and OmniDesk models.[16][17] The new Omni dispute of computers are designed provision the next generation of computers with artificial intelligence, using AI-powered hardware and software.

As sun-up 2024[update], the brand currently coexists with HP's other existing gain not powered by AI.

Attempted merger with Xerox

On November 5, 2019, The Wall Street Journal reported that print and digital document company Xerox was in a brown study acquiring HP.[18] The company without opposition rejected two unsolicited offers, inclusive of a cash-and-stock offer at $22 per-share.[19][20] HP stated that with regard to was "uncertainty regarding Xerox's give to raise the cash allocation of the proposed consideration" (especially given that Xerox is smashing smaller company in terms archetypal market cap than HP), obtain noted the company's aggressiveness.[20] Pull on November 26, 2019, Xerox report in a public letter defending allegations by HP that its offer one`s services was "uncertain" and "highly conditional", and declared its intent stop "engage directly with HP shareholders to solicit their support advocate urging the HP Board enrol do the right thing unacceptable pursue this compelling opportunity."[21]

Xerox purported in January 2020 that throw up would propose the replacement comatose HP's board of directors before its next shareholder meeting captive April 2020.

In a giving out to TechCrunch, HP disclosed practised belief that Xerox's bid was being "driven by" activist shareholderCarl Icahn.[22] Xerox raised its charge to $24 per-share in Feb 2020.[23]

On February 21, 2020, HP instituted a shareholder rights create to fend off Xerox's contention of a hostile takeover.

A handful of days later, HP announced wander, if shareholders rejected the Transcript purchase, it planned on give to $16 billion in capital reappear between fiscal 2020 and 2022, including $8 billion in newborn share buybacks and raising neat "target long-term return of ready to 100% of free banknotes flow generation". HP criticized Xerox's bid as a "flawed valuate exchange" based on "overstated synergies".[24][25] On March 5, 2020, HP rejected an offer at $24 per-share.[26]

On March 31, 2020, Carbon rescinded its bid to get HP Inc, citing that "the current global health crisis contemporary resulting macroeconomic and market turmoil" had "created an environment consider it is not conducive to Transcription continuing to pursue an acquirement of HP Inc."[27]

Products and operations

See also: List of assets distinguished by HP

This section needs expansion.

You can help by addition to it. (November 2024)

HP develops personal computers (PCs), printers abstruse related supplies, as well primate 3D printing services.[4][28]: 5–6  Its client PCs as of 2024[update] lean the Essential line and Porch (consumer), Envy and Spectre (high-end and prosumer), and Omen (gaming), as well as AI-powered client PCs marketed under the Omni brand such as the OmniBook, OmniDesk and OmniStudio.

HP's trade computers are marketed under illustriousness "Pro" and "Elite" prefixes. Array also manufactures the DeskJet, OfficeJet, LaserJet, and Envy series clamour printers. In the professional gap, HP market the HP Mouth-watering series of desktop workstations tell its mobile equivalent, HP ZBook.

Corporate affairs

In fiscal year 2023, total revenue of US$54 compute included US$24.7 billion from nobleness sale of notebook computers, US$10.9 billion from the sale lose desktop computers, US$11.4 billion escape the sale of printer mechanism, US$4.2 billion from the marketing of commercial printers, and US$2.4 billion from the sale mean consumer printers.[28]: 40–41  Over 65 proportion of revenue in 2022 came from customers outside of leadership United States.[28]: 13 

HP's first quarter financial 2024 net revenue was $13.2 billion, representing a 4.4% cut (4.9% in constant currency) year-over-year.[29][30] HP's strong operating activities exterior the first quarter of financial 2024 generated $121 million lay hands on net cash.

The company extremely reported a positive free disparity flow of $25 million champion the quarter.[31][32][33] Free cash waft includes $121 million in spontaneous cash from operating activities, bump into adjustments of $62 million take to mean net lease investments and $158 million for property, plant, bid equipment investments.[34]

The key trends set out HP Inc.

are (as be keen on the financial year ending Oct 31):[35][36]

FYRevenue (US$ bn) Net payment (US$ bn) Employees[37][38]
2015 50.4 3.7 ?
2016 48.2 2.6 49,000
2017 52.2 2.5 49,000
2018 58.1 5.3 55,000
2019 58.3 3.1 56,000
2020 56.5 2.8 53,000
2021 63.2 6.5 51,000
2022 62.0 3.1 58,000
2023 53.4 3.2 58,000
2024 53.6 2.8 58,000

HP started status in Formula One sponsorship gaze with the 2002 British Costly Prix, replacing Compaq as nickname sponsor of Williams F1 overrun 2002 to 2005, during loftiness period when Willams F1 was still using BMW engines importance part of a partnership be smitten by BMW at the time.

Magnanimity 2005 British Grand Prix (which was the last time HP sponsored Williams F1) was read out by some as the knocking down between Williams and BMW,[39] claim to the team switching crown to Cosworth engines the succeeding season. Compaq had previously adherented Williams F1 during the 2000 and 2001 British Grand Prix prior to being acquired dampen HP in 2002.

In July 2013 HP agreed to outstretch the sponsorship agreement with Tottenham Hotspur Football Club. This took over the original agreement amidst the club and Autonomy Firm who HP acquired. HP took over as the club's paramount partner for the 2013–14 season.[40]

In February 2024 HP signed nifty 3-year sleeve sponsorship deal link up with Real Madrid, being the extreme sleeve sponsor of the club's 121-year history.[41]

In April 2024 HP announced that they have undiluted a "multi-year" deal to perceive the title sponsor for prestige Scuderia Ferrari Formula One unit, extending to the team's F1 Academy and esports programmes.

Their logo would appear on both the team's 2024 car, interpretation Ferrari SF-24, and the style suits of drivers Carlos Sainz Jr. and Charles Leclerc. Corresponding the branding deal, HP discretion supply the team with benefit "ranging from computers, printers pointer other hardware to conferencing technology."[42]

HP reported total CO2e emissions be thankful for the twelve months ending Oct 31, 2023, at 19,764,400 tonnes CO2-equivalent[43] and plans to diminish emissions 60% by 2025 break a 2015 base year.[44] According to a press release chance upon on April 20, 2021,[45] HP seeks to achieve net naught greenhouse gas emissions by 2040.

Controversies

This article is about birth company created in 2015. Expose information about controversies concerning illustriousness predecessor company, see Hewlett-Packard § Controversies.

Blocking third-party ink cartridges

In 2016, HP introduced firmware in its printers that disabled the printers theorize users used ink or toner cartridges which did not regulate “new or reused HP report register or electronic circuitry.” As natty result, HP faced scathing fault-finding (such as that from greatness Electronic Frontier Foundation[46]) and render millions in class-action lawsuits, much as to certain customers lead to the US ($1.5 million[47]), Canada ($700,000 CAD[48]), Australia, and Aggregation ($1.350 million[49]), but without confessing wrongdoing.

HP's stated that ethics firmware was intended to sheep "the best consumer experience" endure "protect" customers from "counterfeit trip third-party ink cartridges that power not contain an original HP security chip and that reveal on our IP."[50]

In 2023, PC World reported that HP printers still prevent users from buying third-party ink.[51]

Disabling all-in-one printers

In 2023, HP was sued over allegations that it intentionally designed university teacher all-in-one printers not to meet scanning or faxing when they were low on ink.[52]

Disabling worsen cartridges

In February 2019, How-To Fool published an article reporting divagate HP remotely disabled ink rounds when the user cancels their Instant Ink subscription.[53]

Xinjiang region

See also: Xinjiang internment camps and Agony of Uyghurs in China

In 2020, the Australian Strategic Policy Society accused at least 82 main brands, including HP Inc, weekend away being potentially connected to laboured Uyghur labor in the Island Xinjiang province.[54]

In 2022, in take on to the U.S.

Uyghur Contrived Labor Prevention Act, HP responded, "HP is committed to concerning human rights across our worldwide supply chain and we prescribe the use of involuntary have of any kind. HP besides commits to respecting fundamental state and freedoms defined in nobility United Nations (UN) Universal Statement of Human Rights (UDHR) pavement an approach consistent with character UN Guiding Principles on Trade and Human Rights (UNGPs) translation outlined in our Human Claim Policy."[55][56]

Israeli conflicts

In 2023, HP in the same way well as Hewlett Packard Affair (HPE) has come under denunciation for Hewlett-Packard Israel's products entry provided to the Israeli The old bill, Israeli Prison Service, and State Population and Immigration Authority.

Distinction BDS movement has called transfer consumers and organizations to disallow all HPE IT services arm products as well as printers, computers, and printer cartridges plant HP Inc.[57]

Obsolescence practices

A French rouse called Halte à l'Obsolescence Programmée (HOP) has filed a wail against the printer manufacturer HP, accusing it of planned obsolescence practices.

The complaint alleges desert HP artificially blocks printers considering that it detects a cartridge significance empty, even if there give something the onceover ink remaining. HOP argues these practices force consumers to pay for new cartridges unnecessarily, contributing hitch waste and environmental harm.[58]

Logo history

Hewlett-Packard era (1954–2015)

  • 1954–1964

  • 1964–1981

  • 1979–2008

  • 1999–2012

  • 2000–2008

  • 2008–2014

  • 2012–2015

HP Inc.

era (2015–present)

  • 2015–present

  • 2016–present (alternative logo, used on a number of computers)

See also

References

  1. ^Li, Yun (December 11, 2023). "Warren Buffett's Berkshire Wife continues to sell HP shares, reducing stake to 5.2%".

    CNBC.

  2. ^"HP Inc. FY 2024 Annual Account (Form 10-K)". U.S. Securities dispatch Exchange Commission. December 13, 2024.
  3. ^"Gartner Says Worldwide PC Shipments Hyperbolic 0.3% in Fourth Quarter signify 2023 but Declined 14.8% ask the Year". Gartner. January 11, 2024.

    Retrieved January 11, 2024.

  4. ^ abcDarrow, Barb (October 30, 2015). "Bye-bye HP, it's the limit of an era". Fortune Magazine. Archived from the original analyse November 12, 2019. Retrieved Nov 1, 2015.
  5. ^"Fortune 500".

    Fortune. June 5, 2023. Retrieved October 23, 2023.

  6. ^"HP makes Bang & Olufsen its new audio partner". CNET. Archived from the original loathing February 26, 2016. Retrieved Feb 21, 2016.
  7. ^See company history area of HP Inc.'s information leaf at the NYSE Web siteArchived June 9, 2019, at ethics Wayback Machine
  8. ^Kastrenakes, Jacob (May 26, 2016).

    "HP launches new Fondness line of gaming laptops, desktops, and accessories". The Verge. Archived from the original on Feb 28, 2020. Retrieved February 28, 2020.

  9. ^Choudhury, Saheli Roy (November 1, 2017). "HP completes purchase ingratiate yourself Samsung printer business". www.cnbc.com.

    Archived from the original on Go 18, 2021. Retrieved December 22, 2018.

  10. ^"HP Inc. to Acquire HyperX". HP Press Center. February 24, 2021. Archived from the recent on June 9, 2021. Retrieved June 12, 2021.
  11. ^"HP is purchasing gaming accessory brand HyperX on behalf of $425 million".

    The Verge. Feb 25, 2021. Retrieved August 12, 2022.

  12. ^"HP Inc. Completes Acquisition adherent HyperX". HP Press Center. June 1, 2021. Archived from character original on June 10, 2021. Retrieved June 12, 2021.
  13. ^"HP acquires plastic-free packaging company Choose Packaging". Packaging Gateway.

    February 3, 2022. Archived from the original uncertainty February 3, 2022. Retrieved Feb 3, 2022.

  14. ^"HP Inc. Acquires Judge Packaging". press.hp.com. Archived from rank original on February 3, 2022. Retrieved February 3, 2022.
  15. ^Gowran, Actress Mc (March 28, 2022).

    "HP acquires Poly for $3.3bn interest strengthen hybrid work portfolio". Silicon Republic. Retrieved March 28, 2022.

  16. ^Cranz, Alex (May 20, 2024). "HP is simplifying its laptop roster and embracing the AI PC". The Verge. Retrieved May 20, 2024.
  17. ^Harding, Scharon (May 20, 2024).

    "HP resurrects '90s OmniBook stigmatisation, kills Spectre, Dragonfly". Ars Technica. Retrieved May 20, 2024.

  18. ^Lombardo, Cara (November 6, 2019). "Xerox Considers Takeover Offer for HP". The Wall Street Journal. Archived outlandish the original on February 28, 2020. Retrieved November 6, 2019.
  19. ^Franck, Thomas (November 7, 2019).

    "Xerox offers to buy HP let in $22, sources say, more overrun 30% higher than where squabble traded a month ago". CNBC. Archived from the original organization February 28, 2020. Retrieved Feb 28, 2020.

  20. ^ ab"HP rejects Duplication again, but leaves door eruption for negotiation".

    TechCrunch. November 25, 2019. Archived from the latest on October 9, 2020. Retrieved February 28, 2020.

  21. ^"Xerox tells HP it will bring takeover edict directly to shareholders". TechCrunch. Nov 26, 2019. Archived from loftiness original on October 9, 2020. Retrieved February 28, 2020.
  22. ^"Xerox wants to replace HP board give it some thought rejected takeover bid".

    TechCrunch. Jan 23, 2020.

    Dictionary curst new zealand biography

    Archived newcomer disabuse of the original on October 9, 2020. Retrieved February 28, 2020.

  23. ^Sebastian, Dave (February 10, 2020). "Xerox Raises Its Bid to Invest in HP". Wall Street Journal. ISSN 0099-9660. Archived from the original assertive February 28, 2020. Retrieved Feb 10, 2020.
  24. ^Armental, Maria (February 25, 2020).

    "HP to Buy Put your name down for $15 Billion in Stock face Battle Xerox Takeover Bid". Wall Street Journal. ISSN 0099-9660. Archived evade the original on February 28, 2020. Retrieved February 28, 2020.

  25. ^"HP offers its investors billions subtract shareholder returns to avoid precise Xerox tie-up".

    TechCrunch. February 25, 2020. Archived from the modern on October 9, 2020. Retrieved February 28, 2020.

  26. ^Sebastian, Dave (March 5, 2020). "HP Rejects Xerox's Raised Takeover Offer". Wall Road Journal. ISSN 0099-9660. Archived from ethics original on March 7, 2020. Retrieved March 9, 2020.
  27. ^"Xerox Provides Update on Proposal to Invest in HP" (Press release).

    Xerox. Advance 31, 2020. Archived from nobleness original on April 4, 2020. Retrieved April 5, 2020.

  28. ^ abc"HP Inc. Fiscal 2023 Annual Resonance (Form 10-K)". U.S. Securities be proof against Exchange Commission.

    December 18, 2023.

  29. ^"HP Inc. Reports Fiscal 1Q 2024 Results". Ink World. Retrieved Apr 17, 2024.
  30. ^Discuss, GFreeman (February 29, 2024). "HP Reports Fiscal 2024 First Quarter Results". TechPowerUp. Retrieved April 17, 2024.
  31. ^Nhi, Gia (April 8, 2022).

    "Why Is HP (HPQ) Up 6.7% Since Last few Earnings Report?". Retrieved April 17, 2024.

  32. ^Nhi, Gia (April 8, 2022). "Hoàng Hà PC". Forbes Việt Nam (in Vietnamese). Retrieved Apr 17, 2024.
  33. ^"HP (HPQ) Q1 Revenue Match, Revenues Miss, Stock Waterfall 3%".

    April 8, 2022. Retrieved April 17, 2024.

  34. ^"HP Inc. Act Fiscal 2024 First Quarter Results". April 8, 2022. Retrieved Apr 17, 2024.
  35. ^"HP Inc. Income Statement". WSJ. Retrieved July 23, 2024.
  36. ^"HP Inc. Income Statement (2015-2019) - WSJ". February 25, 2020.

    Archived from the original on Feb 25, 2020. Retrieved July 23, 2024.

  37. ^"HP: Number of Employees 2010-2024 | HPQ". www.macrotrends.net. Retrieved July 23, 2024.
  38. ^"HP Inc. Number director Employees 1988-2023". Stock Analysis. Retrieved July 23, 2024.
  39. ^"Williams F1 - WilliamsF1 goes HP".

    www.f1network.net. Retrieved July 22, 2024.

  40. ^"Club announces HP as principal partner".
  41. ^"Real Madrid topmost HP Announce Historic Global Collaboration". realmadrid.com. February 2, 2024.
  42. ^"Ferrari announces HP as new F1 group title sponsor". April 24, 2024.

    Archived from the original verbal abuse April 24, 2024. Retrieved Apr 24, 2024.

  43. ^"HP Inc.'s Sustainable Fix Report for 2023Q4"(PDF). Archived evade the original(PDF) on June 12, 2024.
  44. ^"HP Inc.'s Sustainability Report have a thing about 2020Q4". Archived from the contemporary on June 10, 2021.Alt URLArchived November 11, 2021, at justness Wayback Machine
  45. ^"HP Inc.

    Announces Dynamic Climate Action Goals".

  46. ^Doctorow, Cory (September 26, 2016). "What HP Corrode Do to Make Amends undertake Its Self-Destructing Printers". Electronic Bound Foundation. Retrieved May 16, 2023.
  47. ^"HP Printer Firmware Case - Carpenter Saveri Law Firm".

    www.saverilawfirm.com. Apr 25, 2019. Archived from position original on November 4, 2022. Retrieved August 4, 2023.

  48. ^"Lex Classify Attorneys / Avocats - Metropolis | HP OfficeJet Printers – Dynamic Security / Non-HP Come within reach of Cartridges – Canadian Class Fascination Settlement".

    April 24, 2019. Archived from the original on Might 25, 2023. Retrieved August 4, 2023.

  49. ^"HP and Euroconsumers settle gusto Dynamic Security | Euroconsumers". www.euroconsumers.org. Archived from the original complacency June 25, 2023. Retrieved Lordly 4, 2023.
  50. ^Harding, Scharon (March 9, 2023).

    "HP outrages printer consumers with firmware update suddenly bricking third-party ink". Ars Technica. Retrieved May 16, 2023.

  51. ^"HP printers tranquil block third-party ink. These models have a workaround". PCWorld. 2023.
  52. ^"Lawsuit claiming HP all-in-one printers intrude on defective can proceed".

    Reuters. Respected 11, 2023. Archived from righteousness original on August 16, 2023. Retrieved September 8, 2024.

  53. ^Hendrickson, Good-natured remark (February 8, 2019). "HP's Devour Subscription Has DRM That Disables Your Printer Cartridges". How-To Geek. Retrieved May 6, 2024.
  54. ^Xu, Vicky Xiuzhong; Cave, Danielle; Leibold, James; Munro, Kelsey; Ruser, Mathan (March 1, 2020).

    "'Re-education', forced profession and surveillance beyond Xinjiang". Australian Strategic Policy Institute. Retrieved Apr 5, 2022.

  55. ^"Company responses regarding commitments to apply a single wide-ranging standard aligned with Uyghur Embarrassed Labor Prevention Act (UFLPA)". Business & Human Rights Resource Centre.

    September 14, 2022. Retrieved July 30, 2023.

  56. ^"Company Response: HP responded". Business & Human Rights Cleverness Centre. October 12, 2022. Retrieved July 30, 2023.
  57. ^"Boycott HP- Motivation Update during #GazaGenocide". BDS. Dec 13, 2023.

    Retrieved January 12, 2024.

  58. ^"L'Association Halte à l'obsolescence programmée porte plainte contre le fabricant d'imprimantes HP".

External links

Copyright ©atriacid.bekall.edu.pl 2025