HP headquarters in Palo Alto, California
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Public company | |
Traded as | |
Industry | Information technology |
Predecessor | Hewlett-Packard |
Founded | November 1, 2015 |
Founder | William R. Hewlett and David Packard |
Headquarters | Palo Alto, California, United States |
Area served
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Worldwide |
Key people
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Chip Bergh (Chairman) Dion Weisler (President and CEO) |
Products |
Personal computers Printers |
Revenue | US$48.238 billion (2016) |
US$3.549 billion (2016) | |
US$2.496 billion (2016) | |
Total assets | US$29.010 billion (2016) |
Total equity | -US$3.889 billion (2016) |
Number of employees
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49,000 (2016) |
Website | www |
Coordinates: 37°24′40″N 122°08′52″W / 37.4111842°N 122.1476929°W
HP Inc. (also known simply as HP and stylized as hp) is an American technology company. It was formed on November 1, 2015 out of the personal computer and printer divisions of the original Hewlett-Packard Company, with its enterprise products and services businesses becoming Hewlett Packard Enterprise. 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 pre-2015 stock price history and its former stock ticker symbol, HPQ, while Hewlett Packard Enterprise trades under its own symbol, HPE.
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.